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Deadline in Lawsuit for Investors in shares of Pyxus International, Inc. (NYSE: PYX) coming up on August 6th

08-03-2019 01:29 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on August 6, 2019 in the lawsuit for certain investors in Pyxus International, Inc. (NYSE: PYX).

A Deadline is coming up on August 6, 2019 in the lawsuit for certain investors in Pyxus International, Inc. (NYSE: PYX).

A deadline is coming up on August 6, 2019 in the lawsuit filed for certain investors of Pyxus International, Inc. (NYSE: PYX) over alleged securities laws violations by Pyxus International, Inc.

Investors who purchased shares of Pyxus International, Inc. (NYSE: PYX) have certain options and there are strict and short deadlines running. Deadline: August 6, 2019. NYSE: PYX stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Eastern District of North Carolina the plaintiff alleges on behalf of purchasers of Pyxus International, Inc. (NYSE: PYX) common shares between June 7, 2018 and November 8, 2018, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between June 7, 2018 and November 8, 2018, the Defendants failed to disclose to investors that the Company was experiencing longer shipping cycles, that, as a result, the Company’s financial results would be materially affected, that the Company lacked adequate internal control over financial reporting, that the Company’s accounting policies were reasonably likely to lead to regulatory scrutiny, 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.

Those who purchased shares of Pyxus International, Inc. (NYSE: PYX) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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