NEW YORK, Nov. 20, 2018 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. reminds investors that class action lawsuits have been commenced on behalf of stockholders of Chegg, Inc., Hasbro, Inc., and Campbell Soup Company. Stockholders have until the deadlines listed below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided.
Chegg, Inc. (NYSE: CHGG)
Class Period: July 30, 2018 - September 25, 2018
Lead Plaintiff Deadline: November 26, 2018
The complaint alleges that throughout the Class Period, defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the company’s business, operations, and prospects. Specifically, defendants failed to disclose to investors: (1) that the company lacked adequate security measures to protect users data; (2) that the company lacked the internal controls and procedures to detect unauthorized access to its systems and to its data; (3) that as a result, the company would incur additional expenses and litigation risks; and (4) that, as a result of the foregoing, defendant’s positive statements about the company’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.
To learn more about the Chegg class action go to: http://bespc.com/chegg/.
Hasbro, Inc. (NASDAQ: HAS)
Class Period: April 24, 2017 - October 23, 2017
Lead Plaintiff Deadline: November 27, 2018
The complaint alleges that throughout the Class Period, made materially false and/or misleading statements and/or failed to disclose that: (1) Hasbro’s relationship with Toys “R” Us was becoming increasingly important to Hasbro’s business, as Toys “R” Us was the primary retail brick-and-mortar toy store in the United States; (2) Toys “R” Us was in far worse financial condition than was being publicly reported and it would have to dramatically scale back its operations or file for bankruptcy and liquidate; and (3) Hasbro was experiencing significant adverse sales issues in the key markets of the United Kingdom and Brazil which were negatively impacting the company’s efforts to grow sales in those markets.
To learn more about the Hasbro class action go to: https://bespc.com/has/.
Campbell Soup Company (NYSE: CPB)
Class Period: August 31, 2017 - May 17, 2018
Lead Plaintiff Deadline: November 27, 2018
The complaint alleges that throughout the Class Period, defendants made false and misleading statements to the market. Specifically, Campbell did not disclose trend data that was known to the company, including trends hindering the profitability of the Campbell Fresh division. Based on that fact, the company’s public positive statements were false and materially misleading.
To learn more about the Campbell class action go to: http://bespc.com/cpb/.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information about Bragar Eagel & Squire, P.C. please go to www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com