NEW YORK, Feb. 15, 2019 (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.
YRC Worldwide Inc. (NASDAQGS: YRCW)
Class Period: March 10, 2014 - December 14, 2018
Lead Plaintiff Deadline: March 4, 2019
Join the action: https://www.zlk.com/pslra-1/yrc-worldwide-inc-loss-form?wire=3
Allegations: YRC Worldwide Inc. made materially false and/or misleading statements and/or failed to disclose
that: (1) from 2005 to at least 2013, YRC's units systematically overcharged the federal government for freight carrier services;
(2) this alleged misconduct caused the Department of Defense to overpay by millions of dollars for shipments that were lighter, and
thus cheaper, than the weights for which the government was charged; (3) consequently, this alleged misconduct would subject YRC to
enhanced government scrutiny and liabilities, including potentially owing treble damages under the False Claims Act; and (4) as a
result, the Company’s public statements were materially false and misleading at all relevant times.
To learn more about the YRC Worldwide Inc. class action contact jlevi@levikorsinsky.com.
Astec Industries, Inc. (NASDAQ: ASTE)
Class Period: July 26, 2016 - October 22, 2018
Lead Plaintiff Deadline: April 2, 2019
Join the action: https://www.zlk.com/pslra-1/astec-industries-inc-loss-form?wire=3
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.
To learn more about the Astec Industries, Inc. class action contact jlevi@levikorsinsky.com.
Vale S.A. (NYSE: VALE)
Class Period: April 13, 2018 - January 28, 2019
Lead Plaintiff Deadline: March 29, 2019
Join the action: https://www.zlk.com/pslra-1/vale-s-a-loss-form?wire=3
Allegations: During the class period, Vale S.A. 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.
To learn more about the Vale S.A. class action contact jlevi@levikorsinsky.com.
ProShares Short VIX Short-Term Futures (NYSEArca: SVXY)
Class Period: 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
Lead Plaintiff Deadline: April 1, 2019
Join the action: https://www.zlk.com/pslra-1/proshares-short-vix-short-term-futures-loss-form?wire=3
Allegations: ProShares Short VIX Short-Term Futures 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.
To learn more about the ProShares Short VIX Short-Term Futures 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
