3D SYSTEMS SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Ex...
July 31 2015 - 9:00PM
Business Wire
Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former
Attorney General of Louisiana, Charles C. Foti, Jr., remind
investors that they have until August 14, 2015 to file lead
plaintiff applications in a securities class action lawsuit against
3D Systems Corporation (NYSE: DDD) if they purchased the Company’s
securities between October 29, 2013 and October 22, 2014, inclusive
(the “Class Period”), including purchasers in the Company’s
Secondary Offering on May 29, 2014. This action is pending in the
United States District Court for the District of South
Carolina.
What You May Do
If you purchased shares of 3D Systems and would like to discuss
your legal rights and how this case might affect you and your right
to recover for your economic loss, you may, without obligation or
cost to you, call toll-free at 1-877-515-1850 or email KSF Managing
Partner Lewis Kahn (lewis.kahn@ksfcounsel.com). If you wish to serve
as a lead plaintiff in this class action, you must petition the
Court by August 14, 2015.
About the Lawsuit
3D Systems and certain of its executives are charged with
failing to disclose material information during the Class Period,
violating federal securities laws.
The alleged false statements and omissions include, but are not
limited to: (i) 3D Systems’ ability to increase capacity; (ii) the
true demand for the Company’s products; (iii) the value of its
acquisitions; and (iv) the Company’s expected earnings.
On October 22, 2014, 3D Systems announced disappointing
preliminary results for the third quarter and lowered its guidance
for the full year, stating that the poor results were due to
capacity constraints.
On this news, the price of 3D Systems’ shares plummeted by over
15%.
About Kahn Swick & Foti, LLC
To learn more about KSF, whose partners include the Former
Louisiana Attorney General, Charles C. Foti, Jr., and other lawyers
with significant experience litigating complex securities class
actions nationwide on behalf of both institutional and individual
shareholders, you may visit www.ksfcounsel.com.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150731005899/en/
Kahn Swick & Foti, LLCLewis Kahn, 1-877-515-1850Managing
Partnerlewis.kahn@ksfcounsel.com
3D Systems (NYSE:DDD)
Historical Stock Chart
From Apr 2024 to May 2024
3D Systems (NYSE:DDD)
Historical Stock Chart
From May 2023 to May 2024