Arm Stock Falls After HSBC Downgrade, Citing Limited Near-Term AI Upside 
SK Hynix Soars 13% in Nasdaq Debut After Record $26.5 Billion IPO 
TSMC Q2 Revenue Surges 36% as AI Chip Demand Powers Growth Ahead of Earnings 
Rio Tinto Reports Strong Q2 Iron Ore Sales, Maintains 2026 Production Outlook 
Genesis Minerals to Acquire Vault in A$5.6 Billion Deal After Regis Withdraws 
Nvidia Tightens AI Chip Sales in Asia With Stricter Customer Approval Process 
BHP Faces Major Port Hedland Strike as Labor Talks Stall Ahead of Production Report 
DBS Targets S$1 Trillion Wealth AUM by 2030 Amid Asia Wealth Boom 
Deutsche Bank Fined A$2 Million by ASIC Over OTC Derivatives Reporting Errors 
Muji Owner Ryohin Keikaku Stock Soars After Raising Full-Year Earnings Forecast 
Nippon Paint Reportedly Offers Up to €7.5 Billion for Akzo Nobel Decorative Paints Business 
DOJ Grand Jury Investigates UAW President Shawn Fain Ahead of Union Election 
Morgan Stanley Names Marks & Spencer Top European Retail Pick, Sees Strong Upside 
Yaskawa Electric Shares Slide as Weak Profit Overshadows Strong AI Demand 
UBS Starts CarTrade Tech With Buy Rating, Sees Strong Earnings Growth and ₹4,000 Target 
SoftBank Corp Partners With Sierra to Expand AI Customer Support Across Japan 
Kitron Q2 Revenue Beats Estimates as Defense Demand Lifts Growth 
NEW YORK, Jan. 07, 2016 (GLOBE NEWSWIRE) -- The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the USDC for the District of New Jersey on behalf of investors who purchased Checkpoint Systems Inc. (NYSE:CKP) securities between March 5, 2015 and November 3, 2015.
Click here to learn about the case: http://docs.wongesq.com/CKP-Info-Request-Form-1028. There is no cost or obligation to you.
The complaint alleges that throughout the Class Period, defendants made false and misleading statements and failed to disclose material information, with respect to the accounting for its quarterly income tax provisions. On November 3, 2015, after the market closed, Checkpoint Systems disclosed that “the Company discovered financial statement errors attributable to the accounting for its quarterly income tax provision.” As a result, the Company concluded that certain prior filed financial statements should no longer be relied upon.
As a result of the Company’s need to restate its financial results, Checkpoint’s shares fell by more than 22% on the day the restatements were made, resulting in a loss in market capitalization of nearly $70 million.
If you suffered a loss in Checkpoint Systems you have until January 11, 2016 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 Vincent Wong, Esq. either via email [email protected], by telephone at 212.425.1140, or visit http://docs.wongesq.com/CKP-Info-Request-Form-1028.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Vincent Wong, Esq. 39 East Broadway Suite 304 New York, NY 10002 Tel. 212.425.1140 Fax. 866.699.3880 E-Mail: [email protected]
