NEW YORK, Oct. 18, 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.
Qurate Retail Group, Inc. (NASDAQGS: QRTEA)
Class Period: August 5, 2015 - September 7, 2016
Lead Plaintiff Deadline: November 5, 2018
Join the action: https://www.zlk.com/pslra-1/qurate-retail-group-inc-loss-form?wire=3
Allegations: Qurate Retail Group, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1)
Qurate was aggressively loosening the credit standards of its Easy-Pay program to attract a large group of new customers; (2)
Qurate’s strong sales growth was due to this loose credit policy; (3) accounts receivable associated with this new group of
customers posed a high risk of write-off; and (4) consequently, Qurate’s positive statements about its business, operations, and
prospects lacked a reasonable basis.
To learn more about the Qurate Retail Group, Inc. class action contact jlevi@levikorsinsky.com.
Pretium Resources Inc. (NYSE: PVG)
Class Period: July 21, 2016 - September 6, 2018
Lead Plaintiff Deadline: November 6, 2018
Join the action: https://www.zlk.com/pslra-1/pretium-resources-inc-loss-form?wire=3
Allegations: During the class period, Pretium Resources Inc. made materially false and/or misleading statements and/or failed to
disclose that: (1) the Brucejack Project is not a high-grade, high-output mine; and (2) as a result of the foregoing, defendants’
statements about Pretium’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable
basis. When the true details entered the market, the lawsuit claims that investors suffered damages. On January 23, 2018,
Pretium disclosed lower gold production than previously disclosed. Then, on September 6, 2018, Viceroy Research reported that the
company's "reported grades and reserves are significantly inflated, a much greater amount of waste is being dumped into local
lakes, and more explosives are being utilized" and alleged that "management is scrambling to find consistent, high-grade ore to
maintain the charade that its debt and equity are viable."
To learn more about the Pretium Resources Inc. class action contact jlevi@levikorsinsky.com.
Adient plc (NYSE: ADNT)
Class Period: October 31, 2016 - June 11, 2018
Lead Plaintiff Deadline: December 3, 2018
Join the action: https://www.zlk.com/pslra-1/adient-plc-loss-form?wire=3
The complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements. In
particular, the complaint alleges that defendants repeatedly stressed to investors that the Company was “solidly on track” to
deliver 200-basis-point margin expansion by 2020, which was largely dependent on operational and financial improvements in Adient’s
core SS&M business, while unbeknownst to investors, Adient’s core SS&M business faced significant operational problems such
that the repeatedly touted 200-basis-point margin expansion was not “on track” at any point during the Class Period. Consequently,
Adient stock traded at artificially inflated prices during the Class Period, reaching a high of $85.93 per share.
To learn more about the Adient plc class action contact jlevi@levikorsinsky.com.
Trevena, Inc. (NASDAQGS: TRVN)
Class Period: May 2, 2016 - October 9, 2018
Lead Plaintiff Deadline: December 10, 2018
Join the action: https://www.zlk.com/pslra-1/trevena-inc-loss-form?wire=3
Allegations: Trevena, Inc. made materially false and/or misleading statements throughout the class period and/or failed to
disclose that: (i) the U.S. Food and Drug Administration ("FDA") had not agreed to key elements of the Company’s Phase 3 trial for
oliceridine (TRV130); (ii) the FDA was unlikely to approve oliceridine (TRV130) based on the Company’s Phase 3 trial; and (iii) as
a result, Trevena’s public statements were materially false and misleading at all relevant times.
To learn more about the Trevena, 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
