SAN DIEGO, April 28, 2020 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in NYSE: QUAD shares.
Investors, who purchased shares of Quad/Graphics, Inc. (NYSE: QUAD) in 2018 or earlier and continue to hold any of their NYSE: QUAD shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
On November 7, 2019, a lawsuit was filed against Quad/Graphics, Inc over alleged Securities Laws Violations. The plaintiff alleged that the defendants failed to disclose to investors that the Company’s book business in United States was underperforming, that, as a result, the Company was likely to divest its book business, that the Company was unreasonably vulnerable to decreases in market prices, that, to remain financially flexible while market prices decreased, the Company was likely to cut its quarterly dividend and expand its cost reduction programs, 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 Quad/Graphics, Inc. (NYSE: QUAD) shares should contact the Shareholders Foundation, Inc.
CONTACT:
Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, 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. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.