Thieler Law Corp advises investors with losses exceeding $100,000 of the July 20, 2018 lead plaintiff deadline in a class action lawsuit filed against ADT Inc (NYSE: ADT) (“ADT” or “the Company”). The suit is pending in the U.S. District Court for the Southern District of Florida and investors, who purchased ADT Inc securities pursuant or traceable to the Company’s January 2018 initial public offering (the “IPO”), have until July 20, 2018 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased ADT 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 historical metrics integral to appraising ADT “key value drivers” and the likely and consequently materially adverse effects on ADT’s future results, share price, and prospects; the already occurring 75% increase in year-over-year losses; the other complete yet undisclosed materially negative fourth-quarter (“4Q”) and full-year (“FY”) 2017 results and trends; ADT’s dependence on the Trump tax cut to meet even the extreme low end of its 2017 estimate ranges; and that as a result, ADT’s public statements were materially false and misleading at all relevant times.

On March 15, 2018, the Company revealed its disappointing fourth-quarter and full-year 2017 earnings and other financial results, stating, in relevant part: “[T]he Company reported net income of $638 million, up from negative $85 million last year, and diluted earnings per share of $0.99 versus $(0.13) in the prior year.  Excluding special items, diluted earnings per share were $(0.06) versus $(0.07) in the same period last year. The net income results include a $690 million tax benefit due to the 2017 Tax Reform.”

Following this news, NYSE: ADT fell nearly 20%, from $10.72 per share on March 15, 2017, to $8.63 per share on March 16, 2017.

If you were negatively impacted by your investment in ADT Inc securities pursuant or traceable to the Company’s January 2018 initial public offering (the “IPO”) 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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