Skip to main content

The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of SPR, SIX and MGPI

NEW YORK, NY / ACCESSWIRE / April 8, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

Spirit AeroSystems Holdings, Inc. (NYSE:SPR)
Class Period: October 31, 2019 to January 29, 2020
Lead Plaintiff Deadline: April 10, 2020

The SPR lawsuit alleges that throughout the class period, Spirit AeroSystems Holdings, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company lacked effective internal controls over financial reporting; (2) the Company did not comply with its established accounting principles related to potential contingent liabilities; and (3) as a result, Defendants' statements about Spirit's business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Learn about your recoverable losses in SPR: http://www.kleinstocklaw.com/pslra-1/spirit-aerosystems-holdings-inc-loss-submission-form?id=5949&from=1

Six Flags Entertainment Corporation (NYSE:SIX)
Class Period: April 25, 2018 to February 19, 2020
Lead Plaintiff Deadline: April 13, 2020

The SIX lawsuit alleges that Six Flags Entertainment Corporation made materially false and/or misleading statements and/or failed to disclose that: (1) Riverside Investment Group Co. Ltd. ("Riverside"), the Chinese real estate developer with which Six Flags partnered, faced far more financial distress than disclosed to investors; (2) as a result, there was a high likelihood that Riverside would default on its payment obligations to the Company; (3) the Company's international strategy, which relied predominantly on its exclusive agreements with Riverside to develop Six Flags-branded parks in China to drive revenue growth, was significantly less promising than represented to investors; and (4) as a result of the foregoing, Defendants' statements about the Company's business, operations and prospects lacked a reasonable basis.

Learn about your recoverable losses in SIX: http://www.kleinstocklaw.com/pslra-1/six-flags-entertainment-corporation-loss-submission-form?id=5949&from=1

MGP Ingredients, Inc. (NASDAQ:MGPI)
Class Period: August 2, 2018 to February 25, 2020
Lead Plaintiff Deadline: April 28, 2020

According to the complaint, MGP Ingredients, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (a) MGP had not completed any significant sales of its four-year-old aged whiskey inventory; (b) the Company had been unable to sell its aged whiskey at the price premium represented to investors; (c) a glut of aged whiskey inventory and shifts in consumer behavior had lowered the value of the Company's aged whiskey inventory and materially impaired its ability to negotiate significant sales on favorable contract terms; and (d) in light of the foregoing, the Company's FY19 financial forecast lacked a reasonable basis and was materially misleading.

Learn about your recoverable losses in MGPI: http://www.kleinstocklaw.com/pslra-1/mgp-ingredients-inc-loss-submission-form?id=5949&from=1

Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE: The Klein Law Firm



View source version on accesswire.com:
https://www.accesswire.com/584403/The-Klein-Law-Firm-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders-of-SPR-SIX-and-MGPI

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.