EQUITY ALERT: Levi & Korsinsky, LLP Reminds Investors of Filed Complaint to Recover Losses Suffered by
Investors in Pearson plc
Lead Plaintiff Deadline of April 25, 2017
The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired American Depositary Receipts of Pearson plc (“Pearson”)
(NYSE:PSO) between January 21, 2016 and January 17, 2017 . You are hereby notified
that Levi & Korsinsky has commenced the class action Chupka v. Pearson plc, et al. (Case No. 1:17-cv-01422) in the USDC for the Southern District of New York. To get
more information go to:
http://www.zlk.com/pslra/pearson-plc?wire=2
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or
obligation to you.
The complaint alleges that during the Class Period, the Company made materially false and/or misleading statements regarding the
Company’s business, operational and compliance policies. In particular, the complaint alleges the Company made overly optimistic
projections for 2017 and 2018 regarding its U.S. education business when, in reality, students were not likely to purchase the
Company’s products when more affordable alternatives were available.
On January 18, 2017, Pearson issued a press release announcing that it no longer expected to achieve its operative profit
guidance for 2018 as a result of “[t]he North American higher education courseware market being much weaker than expected” and that
Pearson would “rebase” its dividend “from 2017 onwards.” Following this news, shares of Pearson fell approximately 29% on January
18, 2017, from a previous close of $9.99 to a close of $7.13 per share.
Take Action: if you suffered a loss in Pearson you have until April 25, 2017 to request that
the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead
plaintiff.
Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s
attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of
millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 212-363-7171
www.zlk.com
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