NEW YORK, Sept. 05, 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.
Skechers U.S.A., Inc. (NYSE: SKX)
Class Period: October 20, 2017 - July 19, 2018
Lead Plaintiff Deadline: November 5, 2018
Join the action: https://www.zlk.com/pslra-1/skechers-u-s-a-inc-loss-form?wire=3
About the lawsuit: Skechers U.S.A., Inc. allegedly made materially false and/or misleading statements during the class period
and/or failed to disclose that: (1) Skechers lacked the operational infrastructure to handle demand and sustain true sales growth
in its international markets; (2) Skechers was relying on expensive, third-party operational solutions to drive its international
sales growth; (3) Skechers' expenses would outgrow sales for the foreseeable future; (4) Skechers' international sales growth was
not sustainable without such outgrown expenses; and (5) as a result of the foregoing, Defendants' statements about Skechers'
business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.
To learn more about the Skechers U.S.A., Inc. class action contact jlevi@levikorsinsky.com.
Cronos Group, Inc. (NASDAQGM: CRON)
Class Period: August 21, 2018 - August 30, 2018
Lead Plaintiff Deadline: November 5, 2018
Join the action: https://www.zlk.com/pslra-1/cronos-group-inc-loss-form?wire=3
About the lawsuit: During the class period, Cronos Group, Inc. allegedly made materially false and/or misleading statements
and/or failed to disclose that: (1) the size of Cronos’ distribution agreements with the Canadian provinces was relatively small;
and (2) as a result of the foregoing, Defendants’ positive statements about Cronos’ business, operations, and prospects were
materially false and/or misleading, and/or lacked a reasonable basis.
On August 30, 2018, Citron Research published an article entitled “Cronos: The Dark Side of Cannabis Space,” alleging, among
other things, that the Company has been “deceiving the investing public by purposely not disclosing the size of its distribution
agreements with provinces – unlike every other major cannabis player” and that this was because “the agreements are so small that
they could never justify the premium investors are paying for the stock.” On this news, Cronos’ share price fell over 28%, to close
at $9.12 per share on August 30, 2018.
To learn more about the Cronos Group, Inc. class action contact jlevi@levikorsinsky.com.
You have until the lead plaintiff deadlines to request 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.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
