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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 August 6, 2019 to file lead plaintiff applications in a securities class action lawsuit against Pyxus International, Inc. (NYSE: PYX).
Pyxus and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On November 8, 2018, the Company revealed an approximately 12% year-over-year decline in sales due to the timing of shipments and a larger prior year crop in South America. On November 9, 2018, the Securities & Exchange Commission revealed a settlement reached with the Company for charges that it had materially misstated financial statements from at least 2011 through 2Q2015.
On this news, the price of Pyxus’ shares plummeted.
If you purchased securities of Pyxus and would like to discuss your legal rights and how this case might affect 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 (firstname.lastname@example.org), or fill out the form on this page.
The case is Jones v. Pyxus International, Inc. et al., 5:19-cv-00234. Click here to read the case complaint.