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Deadline on Feb. 10th coming up in Lawsuit for Investors in shares of Cintas Corporation (NASDAQ: CTAS)

02-05-2020 04:12 PM CET | Politics, Law & Society

Press release from: Shareholders Foundation

A Deadline is coming up on February 10, 2020 in the lawsuit for certain investors in Cintas Corporation (NASDAQ: CTAS).

A Deadline is coming up on February 10, 2020 in the lawsuit for certain investors in Cintas Corporation (NASDAQ: CTAS).

The Shareholders Foundation announced that a deadline is coming up on February 10, 2020 in the lawsuit filed for certain investors of Cintas Corporation (NASDAQ: CTAS) over alleged securities laws violations by Cintas Corporation (NASDAQ: CTAS).

Investors who purchased shares of Cintas Corporation (NASDAQ: CTAS) have certain options and there are strict and short deadlines running. Deadline: February 10, 2020. NASDAQ: CTAS 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 Southern District of Ohio the plaintiff alleges on behalf of purchasers of Cintas Corporation (NASDAQ: CTAS) common shares between March 6, 2017 and November 13, 2019, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between March 6, 2017 and November 13, 2019, the defendants made false and/or misleading statements and/or failed to disclose that Cintas never tracked legacy margins following the G&K acquisition, that the Company has systematically provided guidance with which it would outperform (a "Beat and Raise" scheme), that undisclosed to the investing public, the Company has breached the law multiple times, that as a result of publicly known and undisclosed breaches of law, the Company's Credit Agreement may be jeopardized, and that as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Those who purchased shares of Cintas Corporation (NASDAQ: CTAS) 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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