SAN DIEGO, Nov. 30, 2015 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces that a lawsuit was filed in New Jersey on behalf of certain purchasers of shares of Checkpoint Systems, Inc. (NYSE:CKP) over alleged Securities Laws Violations by Checkpoint Systems.
Investors who purchased shares of Checkpoint Systems, Inc. (NYSE:CKP) have certain options and for certain investors are short and strict deadlines running. Deadline: January 11, 2016. NYSE: CKP investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The plaintiff claims that defendants made certain allegedly false and misleading statements and failed to disclose material information, with respect to the accounting for its quarterly income tax provisions.
On November 3, 2015, Checkpoint Systems, Inc. disclosed that during the preparation of the third quarter financial statements, Checkpoint Systems, Inc discovered financial statement errors attributable to the accounting for its quarterly income tax provision. Checkpoint Systems, Inc said that it intends to restate its previously-issued financial statements for the quarterly periods ended March 29, 2015 and June 28, 2015 and the six month period ended June 28, 2015 through the filing of amended Quarterly Reports on Form 10-Q/A for the quarterly periods ended March 29, 2015 and June 28, 2015. On November 4, 2015, NYSE:CKP shares declined to as low as $5.07 per share.
Those who purchased Checkpoint Systems, Inc. (NYSE:CKP) shares have certain options and should contact the Shareholders Foundation, Inc. by e-mail at mail@shareholdersfoundation.com or call +1 (858) 779-1554.
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.