NEW YORK, Feb. 21, 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.
DXC Technology Company (NYSE: DXC)
Class Period: February 8, 2018 - November 6, 2018
Lead Plaintiff Deadline: February 25, 2019
Join the action: https://www.zlk.com/pslra-1/dxc-technology-company-loss-form?wire=3
Allegations: DXC Technology Company made materially false and/or misleading statements throughout the class period and/or failed
to disclose that: (a) the Company had changed or planned to change the operations of its sales teams, deploying generalized sales
teams as opposed to the specialized teams that were better capable of delivering specialized services to its clients; (b) the
Company’s workforce optimization strategy of sharply reducing staff while reducing costs was resulting in a shortage of sales
personnel who could execute on demand for services, thereby risking and ultimately losing sales and revenue opportunities; (c) in
light of the above, the Company’s revenue and financial performance guidance for the fiscal year 2019 and its reaffirmation of the
guidance during the Class Period was without a reasonable basis.
To learn more about the DXC Technology Company class action contact jlevi@levikorsinsky.com.
Wayfair Inc. (NYSE: W)
Class Period: Class A shares between August 2, 2018 and October 31, 2018
Lead Plaintiff Deadline: March 11, 2019
Join the action: https://www.zlk.com/pslra-1/wayfair-inc-loss-form?wire=3
Allegations: Wayfair Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Wayfair had
been experiencing significantly diminished demand for its online product offerings and had significantly increased advertising
spending to grow sales; (2) Wayfair, which was already more than one-third of the way into 3Q18 when it announced its 2Q18 results
on August 2, 2018, had already dramatically increased advertising spending for 3Q18; and (3) 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 Wayfair Inc. class action contact jlevi@levikorsinsky.com.
Micron Technology Inc. (NASDAQGS: MU)
Class Period: September 26, 2017 - November 19, 2018
Lead Plaintiff Deadline: March 25, 2019
Join the action: https://www.zlk.com/pslra-1/micron-technology-inc-loss-form?wire=3
Allegations: During the class period, Micron Technology Inc. made materially false and/or misleading statements and/or failed to
disclose that: (1) the Company engaged in anti-competitive behavior, including artificially restricting supply growth of DRAM; (2)
these anti-competitive efforts were reasonably likely to lead to regulatory scrutiny; (3) the Company’s anti-competitive efforts
artificially boosted its operating metrics; (4) as a result, the Company’s financial performance, including revenue, was
overstated; and (5) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and
prospects were materially misleading and/or lacked a reasonable basis.
To learn more about the Micron Technology 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.
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