NEW YORK, Dec. 4, 2014 /PRNewswire/ -- Levi & Korsinsky
announces that a class action lawsuit has been commenced in the
United States District Court for the Southern District of
New York on behalf of investors
who purchased Tesco PLC ("Tesco" or the "Company") (Other OTC:
TSCDY) securities between February 2,
2014 and September 22, 2014.
The complaint alleges that Tesco misstated and/or failed to
disclose material adverse facts regarding its profit and business
revenues.
For more information, click here:
http://zlk.9nl.com/tesco-tscdy.
On September 22, 2014, the Company
announced it had overstated its expected profit for the half year
by £250 million (US$402 million), and
that it had accelerated recognition of income and delayed accrual
of certain costs.
If you suffered a loss in Tesco you have until December 22, 2014 to 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. To
obtain additional information, contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972, or visit http://zlk.9nl.com/tesco-tscdy.
Levi & Korsinsky is a national firm with offices in
New York, New Jersey, Connecticut, and Washington D.C. The
firm's attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits.
Attorney advertising. Prior results do not guarantee similar
outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY
10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
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SOURCE Levi & Korsinsky, LLP