NEW YORK, NY / ACCESSWIRE / April 9, 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 complaint 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=5976&from=1
MGP Ingredients, Inc. (NASDAQ:MGPI)
Class Period: August 2, 2018 to February 25, 2020
Lead Plaintiff Deadline: April 28, 2020
The complaint alleges MGP Ingredients, Inc. 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=5976&from=1
Mesa Air Group Incorporated (NASDAQ:MESA)
Class Period: shares pursuant and/or traceable to the documents issued in connection with Mesa Air Group’s August 2018 initial public offering.
Lead Plaintiff Deadline: June 1, 2020
The MESA lawsuit alleges that throughout the class period, Mesa Air Group Incorporated made materially false and/or misleading statements and/or failed to disclose that: (1) Mesa Air Group’s operational performance was poor and below industry standards; (2) Mesa Air Group had a shortage of qualified mechanics and maintenance personnel; (3) Mesa Air Group had an inadequate number of spare aircraft and parts; (4) Mesa Air Group did not have a strong track record of reliable performance; (5) then-existing “risks” had already materialized; (6) Mesa Air Group knew of undisclosed adverse trends and uncertainties at the time of the initial public offering; and (7) as a result, Defendants’ public statements were materially false and misleading at all relevant times.
Learn about your recoverable losses in MESA: http://www.kleinstocklaw.com/pslra-1/mesa-air-group-incorporated-loss-submission-form?id=5976&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/584549/The-Klein-Law-Firm-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders-of-SPR-MGPI-and-MESA
