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NEW YORK, Oct. 09, 2019 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that class action complaints have been filed on behalf of shareholders of ERI, NKTR, and GVA. If you wish to serve as lead plaintiff, you must move the court by the lead plaintiff deadlines listed below. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you take no action, you may remain an absent class member.
To discuss the cases below please contact Matthew E. Guarnero toll free at (877) 779-1414.
Eldorado Resorts Inc (NYSE: ERI)
CLASS PERIOD: 02/06/2019-06/03/2019
LEAD PLAINTIFF DEADLINE: November 12, 2019
Defendants made false and/or misleading statements and/or failed to disclose that: (1) several of the Company’s executive officers, including Defendant Reeg, engaged in improper trading with respect to the securities of another publicly-traded company; and (2) as a result, Defendants’ statements about the Eldorado’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Nektar Therapeutics (NASDAQ: NKTR)
CLASS PERIOD: 02/15/2019 - 08/08/2019
LEAD PLAINTIFF DEADLINE: October 18, 2019
Throughout the class period Defendants failed to disclose to investors that: (i) that the Company did not comply with current good manufacturing practices; (ii) as a result, batches of NKTR-214 were not produced consistently and differed meaningfully; (iii) clinical results from PIVOT-02 differed based on the batch of NKTR-214 used in the study; and (iv) as a result, the PIVOT-02 study did not produce statistically significant results to support a finding of clinical benefit.
Granite Construction Incorporated (NYSE: GVA)
CLASS PERIOD: 10/26/2018-8/1/2019
LEAD PLAINTIFF DEADLINE: October 15, 2019
Throughout the class period Defendants failed to disclose to investors that: (i) the Company had assumed certain risks in connection with its heavy civil joint venture projects bid between 2012 and 2014; (ii) there was an “untenable” imbalance of risk sharing between the Company and the joint venture project owners; (iii) that, as a result, the Company was reasonably likely to incur additional project costs for its joint venture projects; (iv) the Company was reasonably likely to incur additional costs in connection with certain project disputes.
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for ten consecutive years.
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