NEW YORK, April 27, 2022 /PRNewswire/ -- The Gross Law
Firm issues the following notice to shareholders of
International Business Machines Corporation.
Shareholders who purchased shares of IBM during the class period
listed are encouraged to contact the firm regarding possible lead
plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/international-business-machines-corporation-loss-submission-form/?id=26370&from=4
CLASS PERIOD: April 4, 2017
to October 20, 2021
ALLEGATIONS: The complaint alleges that during the class
period, Defendants issued materially false and/or misleading
statements and/or failed to disclose that: (i) Strategic
Imperatives Revenue and growth, CAMSS and CAMSS Components' revenue
and growth, and the Company's Segments' revenue and growth were
artificially inflated as a result of the wrongful reclassification
of revenues from non-strategic to strategic to make those revenues
eligible for treatment as Strategic Imperatives Revenue; (ii) the
Company's present success and positive future growth prospects
concerning its Strategic Imperative business strategy were being
fueled by the wrongful reclassification of revenues from
non-strategic to strategic to make those revenues eligible for
treatment as Strategic Imperative Revenue and, as a result (iii)
the Company misled the market by portraying the Company's Strategic
Imperative's financial performance and future prospects more
favorable than they actually were as a result of the wrongful
reclassification of revenues from non-strategic to strategic to
make those revenues eligible for treatment as Strategic
Imperatives.
DEADLINE: June 6, 2022
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/international-business-machines-corporation-loss-submission-form/?id=26370&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of IBM during the timeframe listed
above, you will be enrolled in a portfolio monitoring software to
provide you with status updates throughout the lifecycle of the
case. The deadline to seek to be a lead plaintiff is June 6, 2022. There is no cost or obligation to
you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law Firm is
committed to ensuring that companies adhere to responsible business
practices and engage in good corporate citizenship. The firm seeks
recovery on behalf of investors who incurred losses when false
and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm