NEW YORK, March 27, 2019 (GLOBE NEWSWIRE) --
Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC
reminds investors that a class action lawsuit has been filed
against the following publicly-traded companies. You can review a
copy of the Complaints by visiting the links below or you may
contact Peretz Bronstein, Esq. or his Investor Relations Analyst,
Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC
at 212-697-6484. If you suffered a
loss, you can request that the Court appoint you as lead
plaintiff. Your ability to share in any recovery doesn't
require that you serve as a lead plaintiff.
Bridgepoint Education, Inc. (BPI)
Class Period: March 8, 2016 - March 7,
2019,
Deadline: May 10, 2019
For more info: www.bgandg.com/bpi
The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that: (1) Bridgepoint’s processes for recording revenue for its FTG program were inaccurate; (2) Bridgepoint maintained deficient internal controls; (3) due to the foregoing deficiencies, Bridgepoint was prone to and did commit material accounting errors related to revenue, provision for bad debts, accounts receivable and deferred revenue, which resulted in the overstatement of revenue and expenses; and (4) as a result, Bridgepoint’s public statements were materially false and misleading at all relevant times.
U.S. Xpress Enterprises, Inc. (USX)
Class Period: pursuant and/or traceable to the
company’s initial public offering completed in June 2018 (the “IPOâ€
or the “Offeringâ€)
Deadline: May 10, 2019
For more info: www.bgandg.com/usx
The complaint alleges that defendants made false and
misleading statements and failed to disclose that: (1) a
shortage of trucks was negatively impacting U.S. Xpress’s dedicated
division; (2) certain shipping patterns had been performing
differently than expected, negatively impacting utilization and
driver retention and hiring, as well as U.S. Xpress’s dedicated
accounts; (3) consequently, U.S. Xpress’s OTR division was
providing continued support to its dedicated division; (4) U.S.
Xpress failed to stay informed regarding two large liability
events, resulting in an understatement of insurance claim expense;
and (5) U.S. Xpress’s cost per mile for driver wages and
independent contractors was exceeding the company’s internal
expectations. When the true details entered the market, the lawsuit
claims that investors suffered damages.
Corbus Pharmaceuticals Holdings, Inc.
(NASDAQ: CRBP)
Class
Period: November 14, 2016 - February 28, 2019
Deadline: May 13, 2019
For more info: www.bgandg.com/crbp
The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that: (1) Corbus improperly changed the primary efficacy endpoint for the clinical study of its drug candidate, Lenabasum, after the results were unblinded to Corbus; (2) Corbus reported a one-sided p value, not the traditional two-sided p value normally reported in clinical trials, in an effort to conceal the fact that the study results did not have statistical significance; and (3) as a result, Corbus’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]