NEW YORK, July 19, 2018 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court; further details about the cases can be found at the links provided.
Aegean Marine Petroleum Network Inc. (NYSE: ANW)
Class Period: April 28, 2016 – June 4, 2018
Lead Plaintiff Deadline: August 6, 2018
During the class period, Aegean allegedly made materially false and/or misleading statements and/or failed to disclose that: Aegean had improperly accounted for an approximate $200 million of accounts receivable as of December 31, 2017; Aegean failed to maintain effective internal control over financial reporting; and as a result of the foregoing, Defendants’ statements about Aegean’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.
To learn more about the Aegean class action go to: http://www.zlk.com/pslra-d/aegean-marine-class-action?wire=3.
Sibanye Gold Limited (NYSE: SBGL)
Class Period: April 7, 2017 – June 26, 2018
Lead Plaintiff Deadline: August 27, 2018
The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: Sibanye’s safety protocols were inadequate to prevent a high rate of worker death; Sibanye’s mining supervisors routinely forced Company employees to work in unsafe and unlawful conditions; the foregoing issues would foreseeably subject Sibanye to heightened regulatory oversight; and as a result, Sibanye’s public statements were materially false and misleading at all relevant times.
To learn more about the Sibanye class action go to: http://www.zlk.com/pslra-d/sibanye-gold-limited?wire=3.
Farmland Partners Inc. (NYSE: FPI)
Class Period: May 9, 2017 – July 10, 2018
Lead Plaintiff Deadline: September 10, 2018
The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: Farmland artificially increased its revenues by marking loans to related party tenants; as a results of the foregoing, Farmland’s Class Period revenues were overstated; and as a result, Farmland’s public statements were materially false and misleading at all relevant times.
On July 11, 2018, Seeking Alpha featured a report alleging that 310% of Farmland’s 2017 earnings could be fabricated. Following this news, shares of Farmland fell from a close of $8.65 on July 10, 2018, to a close of $5.28 the following day.
To learn more about the Farmland Partners class action go to: http://www.zlk.com/pslra-d/farmland-partners-inc?wire=3.
You have until the lead plaintiff deadlines to request the court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
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New York, NY 10004
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Toll Free: (877) 363-5972
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