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Deadline Reminder: GPM Reminds Investors of the January 11, 2016 Deadline in the Class Action Lawsuit against Checkpoint Systems, Inc.

December 18, 2015 12:00 PM EST

LOS ANGELES--(BUSINESS WIRE)-- Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming January 11, 2016 deadline to file a lead plaintiff motion in the class action filed on behalf of a class (the “Class”) of investors who purchased Checkpoint Systems, Inc. (“Checkpoint” or the “Company”) (NYSE: CKP) between March 5, 2015 and November 3, 2015, inclusive (the “Class Period”). Checkpoint investors with over $150,000 in losses are encouraged to contact Lesley Portnoy, Esquire, to discuss their legal claims in this matter.

The complaint alleges that throughout the Class Period, the 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 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.

On this news, shares of Checkpoint fell on November 4, 2015 by $1.73 per share, or over 22%, to close on November 4, 2015 at $5.97, thereby injuring investors.

If you purchased shares of Checkpoint during the Class Period, or if you 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 Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to [email protected], or visit our website at http://www.glancylaw.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.

Glancy Prongay & Murray LLP, Los Angeles
Lesley Portnoy, 310-201-9150 or 888-773-9224
[email protected]
www.glancylaw.com

Source: Glancy Prongay & Murray LLP



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