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.
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
About the lawsuit: During the class period, Wayfair Inc. allegedly 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.
Markel Corporation (NYSE: MKL)
Class Period: July 26, 2017 - December 6, 2018
Lead Plaintiff Deadline: March 12, 2019
Join the action: https://www.zlk.com/pslra-1/markel-corporation-loss-form?wire=3
About the lawsuit: Throughout the class period, Markel Corporation allegedly made materially false and/or misleading statements
and/or failed to disclose that: (1) the Company’s subsidiaries did not appropriately record loss reserves; (2) as a result, the
loss reserves would need to be adjusted and/or restated; (3) these misleading accounting practices would lead to regulatory
scrutiny and financial loss to investors; and (4) 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 Markel Corporation class action contact jlevi@levikorsinsky.com.
Ferroglobe PLC (NASDAQ: GSM)
Class Period: August 21, 2018 - November 26, 2018
Lead Plaintiff Deadline: March 25, 2019
Join the action: https://www.zlk.com/pslra-1/ferroglobe-plc-loss-form?wire=3
About the lawsuit: Ferroglobe PLC allegedly made materially false and/or misleading statements during the class period and/or
failed to disclose that: (1) there was excess supply of the Company’s products; (2) demand for the Company’s products was
declining; (3) as a result, the pricing of the Company’s products would be materially impacted; and (4) 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 Ferroglobe PLC 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
