NEW YORK, Sept. 8, 2015 (GLOBE NEWSWIRE) -- The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of investors who purchased Advanced Drainage Systems, Inc. ("Advanced Drainage" or the "Company") (NYSE:WMS) securities between September 5, 2014 and July 14, 2015.
Click here to learn about the case: http://docs.wongesq.com/WMS-Info-Request-Form-883. There is no cost or obligation to you.
According to the complaint, throughout the Class Period defendants issued materially false and misleading statements to investors and/or failed to disclose that: (1) Advanced Drainage's inventory values and cost of sales were misstated; (2) Advanced Drainage's transportation and equipment leases should be recorded as capital leases; and (3) as a result, Advanced Drainage's financial statements were materially false and misleading at all relevant times.
If you suffered a loss in Advanced Drainage you have until September 28, 2015 to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. To obtain additional information, contact Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at 212.425.1140, or visit http://docs.wongesq.com/WMS-Info-Request-Form-883.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com
