SHAREHOLDER ALERT: Morris Kandinov Investigating TVTY, MIDTX, GTES, and NEIAX; Shareholders are Encouraged to Contact the Firm
13 September 2021 - 8:00PM
National law firm Morris Kandinov is investigating the actions of
the officers and board of directors of Tivity Health, Inc., DWS ESG
Core Equity Fund, Gates Industrial Corporation plc, and Columbia
Large Cap Index Fund. If you are a current owner of
shares of any of these stocks, contact leo@moka.law or call (619)
708-3993.
Tivity Health, Inc.
(NASDAQ: TVTY) Accused
of Misleading Investors
On July 29, 2021, Judge Waverly Crenshaw, Jr. of
the United States District Court for the Middle District of
Tennessee issued an order denying in part the defendants’ motion to
dismiss in the pending securities class action against Tivity
Health, Inc., paving the way for litigation to proceed. Tivity
provides fitness and wellness programs geared toward senior
citizens. According to the complaint, defendants made false and
misleading statements regarding Tivity’s acquisition of Nutrisystem
for $1.3 billion. On February 19, 2020, Tivity announced its
financial results for the fourth quarter and year ended December
31, 2019, disclosing that its "Nutrition segment had a
disappointing end to 2019" including "a non-cash impairment charge
of $377.1 million," that contributed to a $272.8 million net loss
in the fourth quarter, due to complications in the nutrition
business since its acquisition of Nutrisystem in March 2019. The
company also announced that its Chief Executive Officer had
resigned. In September of 2020, the company announced
the resignation of co-founder Daniel G. Tully from its Board of
Directors. Then, in October of 2020, it was reported that the
company would be selling Nutrisystem for $575 million, less than
half of what Tivity paid to buy it. Morris Kandinov is
investigating Tivity regarding possible breaches of fiduciary
duties and other violations of law, including securities claims on
behalf of shareholders. To learn more about this investigation and
your rights, visit: https://moka.law/case-contact-form/.
Representation is contingency based, no out of pocket costs.
DWS ESG Core Equity Fund
(NASDAQ: MIDTX)
Shareholder Rights Investigation
Morris Kandinov is investigating DWS ESG Core
Equity Fund regarding possible breaches of fiduciary duties and
other violations of law, including securities claims on behalf of
shareholders. To learn more about this investigation and your
rights, visit: https://moka.law/case-contact-form/.
Representation is contingency based, no out of pocket costs.
Gates Industrial Corporation plc
(NYSE: GTES)
Shareholder Rights Investigation
Morris Kandinov is investigating Gates
Industrial Corporation plc regarding corporate governance failures,
possible breaches of fiduciary duties and other violations of law,
including securities claims on behalf of shareholders, related to
recent transactions and/or events at the company. To
learn more about this investigation and your rights,
visit: https://moka.law/case-contact-form/. Representation is
contingency based, no out of pocket costs.
Columbia Large Cap Index Fund Class A
(NASDAQ: NEIAX)
Shareholder Rights Investigation
Morris Kandinov is investigating Columbia Large
Cap Index Fund regarding possible breaches of fiduciary duties and
other violations of law, including securities claims on behalf of
shareholders. To learn more about this investigation and your
rights, visit: https://moka.law/case-contact-form/.
Representation is contingency based, no out of pocket costs.
Concerned shareholders are encouraged to contact
Leo Kandinov to learn more:
leo@moka.law(619) 708-3993moka.law
Morris Kandinov LLP is a national law firm that
specializes in recovering investment losses and protecting
stockholder rights. We work on contingency (i.e., you do not pay
our fees out-of-pocket), and our attorneys have made substantial
recoveries for investors in jurisdictions across the
country. The firm would be happy to further discuss
these matters, and any legal rights or remedies potentially
available to you, at no charge.
Attorney Advertising. Past results do not
guarantee a similar outcome.
Contact:
Leo Kandinov, Partnerleo@moka.law619-708-3993550
West B Street, 4th FloorSan Diego, CA 92101moka.law
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