NEW YORK, Nov. 19, 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.
Stitch Fix, Inc. (NASDAQ: SFIX)
Class Period: June 8, 2018 - October 1, 2018
Lead Plaintiff Deadline: December 10, 2018
Join the action: https://www.zlk.com/pslra-1/stitch-fix-inc-loss-form?wire=3
The lawsuit alleges: Stitch Fix, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1)
Stitch Fix’s active client growth had slowed to a crawl; (2) Stitch Fix had completely shut down its television advertising
campaign for 10 of the 13 weeks in fourth quarter 2018, dramatically decreasing the number of new active client additions; and (3)
as a result, the Company’s current business metrics and financial prospects were not as strong as it had led the market to believe
during the Class Period.
To learn more about the Stitch Fix, Inc. class action contact jlevi@levikorsinsky.com.
Ryanair Holdings plc (NASDAQ: RYAAY)
Class Period: Purchasers of American Depositary Shares May 30, 2017 - September 28, 2018
Lead Plaintiff Deadline: January 9, 2019
Join the action: https://www.zlk.com/pslra-1/ryanair-holdings-plc-loss-form?wire=3
The lawsuit alleges: Ryanair Holdings plc made materially false and/or misleading statements throughout the class period and/or
failed to disclose that: (a) the Company had experienced a breakdown in relations with its employees amidst their growing
dissatisfaction with working conditions, lack of benefits, exploitative contracts and management hostility; (b) the Company’s
pilots and/or cabin crews had sought union recognition or collectivization in several key markets and employees had internally
expressed widespread discontent with the Company’s collective bargaining units; (c) the Company was experiencing elevated and
increasing employee turnover, which had resulted in the loss of hundreds of qualified and skilled employees to competitor airlines;
(d) the Company’s newly negotiated contracts had not ameliorated employee discontent or “locked away” employee wage growth for
three or four years, but rather, defendants were aware that pilot and cabin crew contracts had to be reformulated to significantly
increase pay and benefits, comply with local labor laws and provide other worker concessions to enable Ryanair to hire and retain
sufficient qualified employees to meet operational targets; (e) because of the aforementioned, the Company was unable to hire
sufficient pilots to meet expected demand and was thereby exposed to increased risk of flight cancellations, loss of reputational
assets and increased costs from flight disruptions; (f) because of the aforementioned, the Company’s historical operating model and
profit growth were not sustainable; and (g) the Company could not meet internal earnings expectations.
To learn more about the Ryanair Holdings plc class action contact jlevi@levikorsinsky.com.
Edison International (NYSE: EIX)
Class Period: February 23, 2016 - November 12, 2018
Lead Plaintiff Deadline: January 15, 2019
Join the action: https://www.zlk.com/pslra-1/edison-international-loss-form?wire=3
The lawsuit alleges that, during the class period, Edison International made materially false and/or misleading statements
and/or failed to disclose that: (i) the Company failed to maintain electricity transmission and distribution networks in compliance
with safety requirements and regulations promulgated under state law; (ii) consequently, the Company was in violation of state law
and regulations; (iii) the Company’s noncompliant electricity networks created a significantly heightened risk of wildfires in
California; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.
To learn more about the Edison International 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