NEW YORK–(BUSINESS WIRE)–Bernstein Liebhard, a nationally acclaimed investor rights law firm, is investigating potential securities fraud claims on behalf of shareholders of Plantronics Inc. (“Plantronics” or the “Company”) (NYSE: PLT) resulting from allegations that Plantronics might have issued misleading information to the investing public.
If you purchased Plantronics securities, and/or would like to discuss your legal rights and options please visit Plantronics Shareholder Investigation or contact Matthew E. Guarnero toll free at (877) 779-1414 or [email protected].
On November 5, 2019, the Company announced second quarter 2020 results where they slashed earnings guidance, and disclosed that Plantronics would reduce channel inventory by $65 million.
On this news, the Company’s stock price fell $14.44 per share, or nearly 37%, to close at $25.00 per share on November 6, 2019, thereby injuring investors.
If you purchased Plantronics securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/plantronicsinc-plt-shareholder-class-action-lawsuit-stock-fraud-216/apply/ or contact Matthew E. Guarnero toll free at (877) 779-1414 or [email protected].
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for ten consecutive years.
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Contacts
Matthew E. Guarnero
Bernstein Liebhard LLP
https://www.bernlieb.com
(877) 779-1414
[email protected]
