GPM Announces The Filing Of A Securities Class Action On Behalf Of 3D Systems, Inc. Investors
22 July 2015 - 1:53AM
Business Wire
Glancy Prongay & Murray (“GPM”) announces that a class
action has been filed on behalf of investors of 3D Systems
Corporation (“3D Systems” or the “Company”) (NYSE:DDD) who
purchased shares between October 29, 2013 and October 22, 2014 and
have been damaged by the recent declines in the Company’s stock
price. 3D Systems investors have until August 14, 2015 to
file a lead plaintiff motion. Investors who suffered losses in
excess of $100,000 are encouraged to contact GPM to discuss their
legal rights.
The complaint alleges that 3D Systems and certain of its
executives failed to disclose material information to investors in
violation of federal securities laws. The alleged false
statements and omissions include, but are not limited to: (i) 3D
Systems’ ability to increase capacity; (ii) the true demand for the
Company’s products; (iii) the value of its acquisitions; and (iv)
the Company’s expected earnings. On October 22, 2014, 3D
Systems announced disappointing preliminary results for the third
quarter and lowered its guidance for the full year, stating that
the poor results were due to capacity constraints. On this
news, the price of 3D Systems’ shares plummeted by over 15% on
unusually high volume.
If you purchased shares of 3D Systems between October 29, 2013
and October 22, 2014 and suffered a loss of over $100,000 you are
encouraged to contact GPM to discuss your legal rights at
310-201-9150, Toll-Free at 888-773-9224, by email to
shareholders@glancylaw.com, or visit our website at
http://www.glancylaw.com. If you inquire by email please include
your mailing address, telephone number and number of shares
purchased.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150721006187/en/
Glancy Prongay & Murray, Los AngelesCasey Sadler,
310-201-9150 or
888-773-9224shareholders@glancylaw.comwww.glancylaw.com
3D Systems (NYSE:DDD)
Historical Stock Chart
From Apr 2024 to May 2024
3D Systems (NYSE:DDD)
Historical Stock Chart
From May 2023 to May 2024