Tech Data Corporation
0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS
|Company Name:||Tech Data Corporation|
|Stock Symbol :||NASDAQ: TECD|
|Class Period Start:||06/01/2017|
|Class Period End:||08/31/2017|
|Lead Plaintiff motion:||11/24/2017|
|Type of Case:||Securities Class Action|
|Court:||U.S. District Court for the District of Middle District of Florida|
Thieler Law Corp advises investors with losses exceeding $100,000 of the November 24, 2017 lead plaintiff deadline in a class action lawsuit filed against Tech Data Corporation (NASDAQ: TECD) (“Tech Data” or “the Company”). The suit is pending in the U.S. District Court for the District of Middle District of Florida and investors, who purchased Tech Data Corporation securities between June 1, 2017 and August 31, 2017, have until November 24, 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 Tech Data Corporation 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 email@example.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 the Company was experiencing execution and operational issues; these issues were impacting the Company’s financial performance; consequently, the Company would not achieve its guidance; and therefore the Company’s financial statements were materially false and misleading at all relevant times.
On August 31, 2017, a press release revealed poor financial and operating results for the second quarter of 2017 due to operational and execution issues.
On this news, NASDAQ: TECD fell $22.83 per share on August 31, 2017.
If you were negatively impacted by your investment in Tech Data Corporation securities between June 1, 2017 and August 31, 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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Thieler Law Corp
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