Contact a Lawyer Now
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until November 29, 2019 to file lead plaintiff applications in a securities class action lawsuit against Covetrus, Inc. (NasdaqGS: CVET).
Covetrus and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On August 13, 2019, pre-market, the Company disclosed a myriad of news that shocked investors including a 2Q 2019 net loss of $0.09 per share compared to market estimates of $0.17 per share; approximately $50M cut to its 2019 EBITDA guidance; tens of millions of dollars in increased infrastructure spending and redundant costs; as well as integration problems and increased spending relating to its spin-off agreement with Henry Schein.
On this news, the price of Covetrus’ shares plummeted.
If you purchased shares of Covetrus and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (email@example.com), or fill out the form on this page.
The case is City Of Hollywood Police Officers Retirement System V. Henry Schein, Inc. et. al, 19-cv-5530. Click here to read the case complaint.