The Law Offices of Frank R. Cruz Announces Investigation on Behalf of Plantronics, Inc. Investors (PLT)
08 Janeiro 2020 - 9:52PM
Business Wire
The Law Offices of Frank R. Cruz announces an investigation on
behalf of Plantronics, Inc. (“Plantronics” or the “Company”) (NYSE:
PLT) investors concerning the Company and its officers’ possible
violations of federal securities laws.
If you are a shareholder who suffered a loss, click here to
participate.
On November 5, 2019, after the market closed, the Company
announced disappointing second quarter 2020 results, slashed
earnings guidance, and disclosed that it 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.
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If you purchased Plantronics securities, have information or
would like to learn more about these claims, or have any questions
concerning this announcement or your rights or interests with
respect to these matters, please contact Frank R. Cruz, of The Law
Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los
Angeles, California 90067 at 310-914-5007, by email to
info@frankcruzlaw.com, or visit our website at
www.frankcruzlaw.com. If you inquire by email please include your
mailing address, telephone number, and number of shares
purchased.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: https://www.businesswire.com/news/home/20200108005914/en/
The Law Offices of Frank R. Cruz, Los Angeles Frank R. Cruz,
310-914-5007 fcruz@frankcruzlaw.com www.frankcruzlaw.com
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