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Investigation for Long-Term Investors in shares of Mattel, Inc. (NASDAQ: MAT) announced

04-07-2020 09:16 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in Mattel, Inc. (NASDAQ: MAT) shares.

An investigation on behalf of current long term investors in Mattel, Inc. (NASDAQ: MAT) shares.

An investigation concerning potential breaches of fiduciary duties by certain directors and officers of Mattel, Inc. was announced.

Investors who are current long term investors in Mattel, Inc. (NASDAQ: MAT) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NASDAQ: MAT stocks follows a lawsuit filed against Mattel, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: MAT stocks, concerns whether certain Mattel directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Central District of California the plaintiff alleges on behalf of purchasers of Mattel, Inc. (NASDAQ: MAT) common shares between October 26, 2017 and August 9, 2019, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that Mattel, Inc. misled investors regarding its financial accounting in the last two quarters of 2017, as well as the efficacy of its internal controls.

Those who purchased shares of Mattel, Inc. (NASDAQ: MAT) 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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