Thieler Law Corp advises investors with losses exceeding $100,000 of the May 6, 2019 lead plaintiff deadline in a class action lawsuit filed against Mattel Inc (NASDAQ: MAT) (“Mattel” or “the Company”). The suit is pending in the U.S. District Court for the Central District of California and investors, who purchased Mattel Inc securities between February 7, 2019 and February 15, 2019, have until May 6, 2019 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Mattel 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 that demand for the Company’s products, including Barbie and Hot Wheels, was declining; that the Company had an excess of product supply; and that, 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.

On February 15, 2019, Mattel revealed a disappointing outlook for 2019, citing slowing growth in sales of Barbie and Hot Wheels.

Following this news, NASDAQ: MAT fell $3.09 per share, more than 18%, to close at $13.82 per share on February 15, 2019.

If you were negatively impacted by your investment in Mattel Inc securities between February 7, 2019 and February 15, 2019 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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