Supreme Industries Inc
0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS
Case Summary | |
Company Name: | Supreme Industries Inc |
Stock Symbol : | NYSEMKT: STS |
Class Period Start: | 07/22/2016 |
Class Period End: | 10/21/2016 |
Lead Plaintiff motion: | 01/03/2017 |
Date Filed: | 11/04/2016 |
Type of Case: | Securities Class Action |
Court: | U.S. District Court for the Central District of California |
Summary: | Thieler Law Corp advises investors with losses exceeding $100,000 of the January 3, 2017 lead plaintiff deadline in a class action lawsuit filed against Supreme Industries Inc (NYSEMKT: STS) (“Supreme Industries” or “the Company”). The suit is pending in the U.S. District Court for the Central District of California and investors, who purchased Supreme Industries Inc securities between July 22, 2016 and October 21, 2016, have until January 3, 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 Supreme Industries 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 the backlog figure from the third quarter of 2015 was a result of the timing of many large orders placed in that quarter and that the backlog figure for the third quarter of 2016 would not be close to the backlog figure of the third quarter of 2015. On October 21, 2016, the Company revealed its third quarter backlog of truck sales declined 22% from the third quarter 2015. On October 22, 2016, a report published by Cliffside Research discussed the unexpected third quarter backlog decline and heavy insider selling through 2016. Following this news, NYSEMKT: STS dropped, causing investors harm. If you were negatively impacted by your investment in Supreme Industries Inc securities between July 22, 2016 and October 21, 2016 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. Thieler Law Corp purchases advertisements on search engines, social media sites and other websites. If you send us information, note that does not create an attorney-client relationship with the firm. Thieler Law Corp 2534 State Street - Suite 406, San Diego, CA 92101 by email: mail@thielerlaw.com or telephone at +1 (619) 377 - 4324 or visit our website http://www.thielerlaw.com/ or Facsimile: +1 (619) 785 – 3185 |