Plantronics, Inc. Class Action Lawsuit - PLT

Company
Plantronics, Inc. (NYSE: PLT)
Lead Plaintiff Deadline
January 13, 2020 (Expired)
Class Period
July 2, 2018 - November 5, 2019

Expired

Lead Plaintiff Deadline

Jan 13, 2020

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Allegations

(1) the Company had engaged in channel stuffing to artificially boost sales; (2) the Company’s internal control over inventory levels was not effective; (3) the Company had not adequately monitored inventory levels ahead of multiple product launches, where the new models would displace demand for aging products; and (4) 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.

Eligibility

In order to be eligible to join the PLT class action lawsuit, you must have incurred a loss on shares of purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in during the relevant time frame or pursuant to the relevant offering(s), you have until January 13, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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