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Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until June 14, 2019 to file lead plaintiff applications in a securities class action lawsuit against BrightView Holdings, Inc. (NYSE: BV).
BrightView and certain of its executives are charged with failing to disclose material information in its IPO Registration Statement and Prospectus, violating federal securities laws.
The alleged false and misleading statements and omissions include, but are not limited to, that: (i) a substantial number of customer contracts were underperforming and/or created excessive expense; (ii) the Company was implementing a “managed exit” strategy to end such contracts; (iii) this strategy would negatively impact future revenue throughout 2018 and into 2019; and (iv) as a result of the foregoing, BrightView’s Registration Statement and Prospectus were materially false and misleading at all relevant times.
If you purchased shares of BrightView 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, via email (firstname.lastname@example.org), or fill out the form on this page.Click here to read the case complaint.