IMPORTANT INVESTOR NOTICE: Lundin Law PC Announces Securities Class Action Lawsuit Against Stericycle, Inc. And Reminds Investors With Losses To Contact The Firm
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LOS ANGELES--(BUSINESS WIRE)-- Lundin Law PC announces a class action lawsuit has been filed against Stericycle, Inc. ("Stericycle" or the "Company") (Nasdaq: SRCL) concerning possible violations of federal securities laws between February 7, 2013 and April 28, 2016 (the “Class Period”). Investors who purchased or otherwise acquired shares during the Class Period should contact the Firm in advance of the September 12, 2016 lead plaintiff motion deadline.
To participate in this class action lawsuit, click here to participate. You can also call Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or e-mail him at [email protected].
No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.
According to the complaint, the Company failed to disclose that it engaged in a scheme whereby it routinely raised the rates it charged smaller customers in violation of the contracts with those customers. This inflated revenues and growth. On October 22, 2015 the Company announced disappointing growth rates and revenues during the third quarter of 2015. On April 28, 2016, Stericycle disclosed its results for the first quarter of 2016 which were again below expectations. Upon release of this news, the Company’s stock price fell significantly.
Lundin Law PC was created by Brian Lundin, a securities litigator based in Los Angeles.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160713006321/en/
Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile:
888-713-1125
[email protected]
http://lundinlawpc.com/
Source: Lundin Law PC
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