SAN DIEGO, Aug. 4, 2016
/PRNewswire/ -- Shareholder Rights Law Firm Johnson & Weaver,
LLP is investigating potential violations of the federal and state
securities laws by 3D Systems Corporation (NYSE: DDD) and certain
of its officers and board members. 3D Systems provides 3D printing
products and services worldwide.
Specifically, a court issued a ruling denying a motion to
dismiss for a class action suit filed against 3D Systems. The class
action alleges that the Company issued materially false and
misleading statements regarding: (a) the Company's ability to
increase the capacity of its metal printing business; (b) demand
for its consumer products; (c) the value of multiple companies it
was acquiring; and (d) the Company's expected earnings. The
allegedly materially false and misleading announcement about the 3D
printing company's prospects led its shares to be traded at
artificially inflated prices, according to the class action
suit.
If you are a long term shareholder, continuously holding
shares before November 2013, you may
have standing to hold 3D Systems harmless from the damage the
officers and directors caused by making them personally
responsible. You may also be able to assist in reforming the
Company's corporate governance.
If you are a long term shareholder of 3D Systems and wish to
discuss your rights, please contact Jim
Baker (jimb@johnsonandweaver.com) by email or by phone at
619-814-4471.
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder
rights law firm with offices in California, New
York and Georgia. The firm
represents individual and institutional investors in shareholder
derivative and securities class action lawsuits. For more
information about the firm and its attorneys, please visit
http://www.johnsonandweaver.com. Attorney advertising. Past results
do not guarantee future outcomes.
Contact:
Johnson & Weaver, LLP
Jim Baker, 619-814-4471
jimb@johnsonandweaver.com
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