INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Cavco Industries, Inc. & Encourages Inv...
05 Februar 2019 - 11:48PM
Business Wire
The Schall Law Firm, a national shareholder rights litigation
firm, announces that it is investigating claims on behalf of
investors of Cavco Industries, Inc. (“Cavco” or “the Company”)
(NASDAQ: CVCO) for violations of §§10(b) and 20(a) of the
Securities Exchange Act of 1934 and Rule 10b-5 promulgated
thereunder by the U.S. Securities and Exchange Commission.
The investigation focuses on whether the Company issued false
and/or misleading statements and/or failed to disclose information
pertinent to investors. Cavco filed its Form 10-Q for the quarterly
period ended September 29, 2018 after the market closed on November
8, 2018. The Company disclosed in its 10-Q that it had received an
SEC Division of Enforcement subpoena on August 20, 2018. The SEC
subpoena requested records of Cavco’s trading in another public
company’s stock, amongst other details. Joseph Stegmayer, Cavco’s
former Chairman, President, and Chief Executive Officer, received a
similar SEC subpoena on October 1, 2018. Based on the news of SEC
subpoenas, Cavco shares fell almost 23% on November 9, 2018.
If you are a shareholder who suffered a loss, click here to
participate.
We also encourage you to contact Brian Schall, or Sherin
Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite
404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights
free of charge. You can also reach us through the firm's website
at www.schallfirm.com, or by email
at brian@schallfirm.com.
The class in this case has not yet been certified, and until
certification occurs, you are not represented by an attorney. If
you choose to take no action, you can remain an absent class
member.
The Schall Law Firm represents investors around the world and
specializes in securities class action lawsuits and shareholder
rights litigation.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and rules of
ethics.
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version on businesswire.com: https://www.businesswire.com/news/home/20190205006012/en/
The Schall Law FirmBrian Schall, Esq.Sherin Mahdavian,
Esq.310-301-3335Cell:
424-303-1964info@schallfirm.comwww.schallfirm.com
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