CEDARHURST, N.Y., Feb. 05, 2019 (GLOBE NEWSWIRE) -- The securities litigation law firm of Kuznicki Law PLLC issues
the following notice on behalf of shareholders of the following publicly traded companies. Shareholders who purchased shares in
these companies during the dates listed below are encouraged to contact the firm regarding possible appointment as lead plaintiff
and a preliminary estimate of their recoverable losses.
If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by
the Court. The lead plaintiff will direct the litigation and participate in important decisions including whether to accept a
settlement for the class in the action. The lead plaintiff will be selected from among applicants claiming the largest loss from
investment in the respective securities during the class periods. Members of the class will be represented by the lead plaintiff
and counsel chosen by the lead plaintiff. No classes have yet been certified in the actions below. Appointment as lead plaintiff is
not required to partake in any recovery.
Astec Industries, Inc. (NASDAQ: ASTE)
Investors Affected: July 26, 2016 - October 22, 2018
A class action has commenced on behalf of certain shareholders in Astec Industries, Inc. The complaint alleges that throughout
the Class Period, defendants made false and misleading statements and/or failed to disclose adverse information regarding Astec’s
business, operations and prospects, including that its wood pellet plants suffered from significant and costly problems that
prevented them from running at their promised production capacity, posing a threat to the Company’s pellet plant business, its
overall financial performance, and its financial outlook. As a result of this information being withheld from the market, the price
of Astec stock was artificially inflated to a high of nearly $70 per share during the Class Period.
Shareholders may find more information at https://kseclaw.com/securities/astec-industries-inc/?wire=3
Vale S.A. (NYSE: VALE)
Investors Affected: April 13, 2018 - January 28, 2019
A class action has commenced on behalf of certain shareholders in Vale SA. The filed complaint alleges that defendants made
materially false and/or misleading statements and/or failed to disclose that: (1) Vale had failed to adequately assess the risk and
damage potential of a dam breach at its Feijão iron ore mine; (2) Vale’s programs to mitigate health and safety incidents were
inadequate; (3) consequently, several people were killed and hundreds more were reported missing after Vale’s dam at its Feijão
mine was breached; and (4) as a result, defendants’ statements about its business, operations, and prospects, were materially false
and misleading and/or lacked a reasonable basis at all relevant times.
Shareholders may find more information at https://kseclaw.com/securities/vale-s-a/?wire=3
Tyme Technologies, Inc. (NASDAQCM: TYME)
Investors Affected: March 14, 2018 - January 18, 2019
A class action has commenced on behalf of certain shareholders in Tyme Technologies, Inc. The filed complaint alleges that
defendants made materially false and/or misleading statements and/or failed to disclose that: (i) Tyme had not adequately designed
the Phase II Study to present reliable results on the efficacy of SM-88 on pancreatic cancer; (ii) Tyme had failed to include an
appropriate control group in its open-label Phase II clinical trial for SM-88; (iii) the omission of an appropriate control group
distorted the reliability of data showing the efficacy of SM-88 in the Phase II Study; and (iv) as a result, Tyme’s public
statements were materially false and misleading at all relevant times.
Shareholders may find more information at https://kseclaw.com/securities/tyme-technologies-inc/?wire=3
ProShares Short VIX Short-Term Futures (NYSEArca: SVXY)
Investors Affected: Investors in ProShares Short VIX Short-Term Futures ETF pursuant to the May 15, 2017 Registration
Statement and/or between May 15, 2017 and February 5, 2018
A class action has commenced on behalf of certain shareholders in ProShares Short VIX Short-Term Futures. The filed complaint
alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: According to the
complaint in the Registration Statement and during the Class Period, defendants made false and misleading statements and/or failed
to disclose adverse information regarding the risks of investing in the Fund. Specifically, the Registration Statement failed to
disclose that the Fund was threatened with catastrophic losses as a result of the Fund’s flawed design and the low-volatility
environment and acute liquidity risks that existed during the Class Period. In addition, during the Class Period defendants made
similar false and misleading statements in numerous financial reports and draft prospectuses and registration statements filed with
the SEC.
Shareholders may find more information at https://kseclaw.com/securities/proshares-short-vix-short-term-futures-loss-submission-form/?wire=3
Kuznicki Law PLLC is committed to ensuring that companies adhere to responsible business practices and engage in
good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading
statements or the omission of material information by a Company lead to artificial inflation of the Company's stock.
CONTACT:
Kuznicki Law PLLC
Daniel Kuznicki, Esq.
445 Central Avenue, Suite 334
Cedarhurst, NY 11516
Email: dk@kclasslaw.com
Phone: (347) 696-1134
Cell: (347) 690-0692
Fax: (347) 348-0967
