NEW YORK, July 31, 2018 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP announces that class action lawsuits have
commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead
plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the links
provided. There is no cost or obligation to you.
PG&E Corporation (NYSE: PCG)
Class Period: April 29, 2015 - June 8, 2018
Lead Plaintiff Deadline: August 13, 2018
Join the action: http://www.zlk.com/pslra-d/pge-corporation?wire=3
About the lawsuit: PG&E Corporation allegedly made materially false and/or misleading statements during the class period
and/or failed to disclose that: (i) PG&E had failed to maintain electricity transmission and distribution networks in
compliance with safety requirements and regulations promulgated under state law; (ii) consequently, PG&E was in violation of
state law regulation; (iii) PG&E’s electricity networks would cause numerous wildfires in California; and (iv) as a result of
the foregoing, Defendants’ statements about the Company’s business and operations were materially false and misleading at all
relevant times.
To learn more about the PCG class action contact jlevi@levikorsinsky.com.
Flex Pharma, Inc. (NASDAQ: FLKS)
Class Period: November 6, 2017 - June 12, 2018
Lead Plaintiff Deadline: August 20, 2018
Join the action: http://www.zlk.com/pslra-d/flex-pharma-inc?wire=3
About the lawsuit: During the class period, Flex Pharma, Inc. allegedly made materially false and/or misleading statements
and/or failed to disclose that: (i) the Company overstated the viability and approval prospects for its product candidate FLX-787
for the treatment of amyotrophic lateral sclerosis and Charcot-Marie-Tooth disease; and (ii) as a result, Flex's public statements
were materially false and misleading at all relevant times.
On June 13, 2018, Flex announced that it planned to halt its FLX-787 trials, citing oral tolerability concerns observed in both
studies. Flex also said that it will restructure its organization to reduce costs, including reducing its workforce by
approximately 60%, and that Flex's Board is exploring "strategic alternatives, including the potential sale or merger of the
company." Following this news, Flex stock dropped $3.14 per share, or 75.12%, to close at $1.04 on June 13, 2018.
To learn more about the FLKS class action contact jlevi@levikorsinsky.com.
Rockwell Medical, Inc. (NASDAQ: RMTI)
Class Period: March 16, 2018 - June 26, 2018
Lead Plaintiff Deadline: September 25, 2018
Join the action: http://www.zlk.com/pslra-d/rockwell-medical-inc?wire=3
About the lawsuit: Throughout the class period, Rockwell Medical, Inc. allegedly made materially false and/or misleading
statements and/or failed to disclose that: (1) Rockwell was aware that The Centers for Medicare and Medicaid Services will not
pursue Rockwell’s proposal for separate reimbursement for the drug Triferic; (2) the estimated reserves in the first quarter 2018
10-Q are misstated; (3) there was a material weakness in Rockwell’s internal controls over financial reporting; (4) consequently,
Rockwell’s internal controls over financial reporting were ineffective during the Class Period; (5) Defendant Chioini withheld
material information regarding Triferic from Rockwell’s auditor, corporate counsel and five independent directors of the Board; and
(6) as a result, Defendants’ statements about the Company’s business, operations and prospects were materially false and misleading
and/or lacked reasonable bases at all relevant times.
To learn more about the RMTI class action contact jlevi@levikorsinsky.com.
You have until the lead plaintiff deadlines to request the court appoint 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.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
