Platinum Pari-Mutuel Holdings Inc

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Case Summary
Company Name: Platinum Pari-Mutuel Holdings Inc
Stock Symbol : OTCMKTS: PPMH
Class Period Start: 07/12/2016
Class Period End: 02/15/2017
Lead Plaintiff motion: 05/02/2017
Date Filed: 03/03/2017
Type of Case: Securities Class Action
Court: U.S. District Court for the District of New Jersey
Summary:

Thieler Law Corp advises investors with losses exceeding $100,000 of the May 2, 2017 lead plaintiff deadline in a class action lawsuit filed against Platinum Pari-Mutuel Holdings Inc (OTCMKTS: PPMH) (“Platinum Pari-Mutuel” or “the Company”). The suit is pending in the U.S. District Court for the District of New Jersey and investors, who purchased Platinum Pari-Mutuel Holdings Inc securities between July 12, 2016 and February 15, 2017, have until May 2, 2017 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Platinum Pari-Mutuel Holdings Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that Platinum Pari-Mutuel’s press releases and financial information lacked veracity; Platinum Pari-Mutuel’s disclosure controls and procedures were inadequate; and as a result, Defendants’ public statements were materially false and misleading at all relevant times.

On February 16, 2017, the SEC prevented Platinum Pari-Mutuel securities from trading when questions arose regarding the accuracy of Platinum’s press releases and the financial information Platinum shared with the public.

On the news, OTCMKTS:PPMH fell, causing investors harm.       

If you were negatively impacted by your investment in Platinum Pari-Mutuel Holdings Inc securities between July 12, 2016 and February 15, 2017 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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