An investor class action has been filed against 3D printing & digital manufacturing solutions company 3D Systems corp. on behalf of those who purchased or acquired the company’s securities between May 6, 2020 and March 1, 2021, inclusive (the “Class Period”).
The announcement follows the recent acquisition of the company’s on-demand 3D printing and custom manufacturing business by Trilantic North America.
The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors today of this securities fraud class action lawsuit and lays emphasis on the Lead Plaintiff Deadline which is June 8, 2021. Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law.
In this case, the complaint alleges that, throughout the Class Period, the defendants made false and/or misleading statements and/or failed to disclose that: (1) 3D Systems lacked proper internal controls over financial reporting; and (2) as a result, 3D Systems’ public statements were materially false and/or misleading at all relevant times.
This means that 3D Systemsinvestors may, no later than June 8, 2021, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.
Lead Plaintiff Deadline: June 8, 2021
|Contact:||James Maro, Esq. (484) 270-1453|
|Adrienne Bell, Esq. (484) 270-1435|
|Toll free (844) 887-9500|
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