NEW YORK, Aug. 20, 2019 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that class action complaints have been filed on behalf of shareholders of RLGY, NFLX, OMCL, and CARB. If you wish to serve as lead plaintiff, you must move the court by the lead plaintiff deadlines listed below. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you take no action, you may remain an absent class member.
To discuss the cases below please contact Matthew E. Guarnero toll free at (877) 779-1414.
Realogy Holdings (NYSE: RLGY)
CLASS PERIOD: 02/24/2017 - 05/22/2019
LEAD PLAINTIFF DEADLINE: September 9, 2019
Throughout the class period, Defendants made material misstatements or omissions that: (1) Realogy was engaged in anticompetitive behavior; (2) Realogy’s anticompetitive actions would prompt the U.S. Department of Justice to open an antitrust investigation into the real estate industry’s practices regarding brokers’ commissions; and (3) as a result, defendants’ statements about the Realogy’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
To get additional information about the RLGY Shareholder Class Action Lawsuit contact Matthew E. Guarnero
OmniCell Inc. (NASDAQ: OMCL)
CLASS PERIOD: 10/25/2018 - 07/11/2019
LEAD PLAINTIFF DEADLINE: September 16, 2019
Throughout the Class Period, Defendants failed to disclose that: (1) OMCL recognized revenue for certain transactions before fulfilling its performance obligations; (2) OMCL engaged in improper accounting practices; (3) OMCL experienced weaker demand for new product lines; (4) as a result, the Company would be required to write-off certain inventory; (5) OMCL misclassified certain expenses as capitalized expenditures; and (6) 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 get additional information about the OMCL Shareholder Class Action Lawsuit contact Matthew E. Guarnero toll free at (877) 779-1414
Netflix (NASDAQ: NFLX)
CLASS PERIOD: 04/17/2019 - 07/17/2019
LEAD PLAINTIFF DEADLINE: September 20, 2019
Throughout the class period Defendants failed to disclose to investors: (1) Netflix would not be able to gain its expected target number of new subscribers in the second quarter of 2019; (2) Netflix would also lose subscribers from the United States in the second quarter of 2019; and (3) as a result, defendants public statements were materially false and misleading at all relevant times.
To get additional information about the NFLX Shareholder Class Action Lawsuit contact Matthew E. Guarnero toll free at (877) 779-1414
Carbonite (NASDAQ: CARB)
CLASS PERIOD: 02/07/2019 - 07/25/2019
LEAD PLAINTIFF DEADLINE: September 30, 2019
Throughout the class period Defendants failed to disclose to investors that: (i) Carbonite’s Server Backup VM Edition was of poor quality and flawed; (ii) Carbonite was receiving poor reviews and complaints about Server Backup VM Edition; and (iii) the poor quality and technological flaws of the Server Backup VM Edition were acting as a “disruptive” factor throughout the Carbonite salesforce and keeping that sales organization from closing opportunistically on several larger deals during fiscal 2019.
To get additional information about the CARB Shareholder Class Action contact Matthew E. Guarnero toll free at (877) 779-1414.
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for ten consecutive years.
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Contact Information
Matthew E. Guarnero
Bernstein Liebhard LLP
http://www.bernlieb.com
(877) 779-1414
MGuarnero@bernlieb.com