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The Gross Law Firm Announces Class Actions on Behalf of Shareholders of FLEX, SCOR and CYH

NEW YORK, NY / ACCESSWIRE / May 31, 2019 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.

Flex Ltd. (NASDAQ: FLEX)

Investors Affected : January 26, 2017 - October 25, 2018

A class action has commenced on behalf of certain shareholders in Flex Ltd. The complaint alleges that Defendants consistently assured the market that (1) the Company's internal controls over financial reporting, including those related to customer contracts, were adequate and proper, and (2) the most crucial contract in the Company's pipeline, a massive and very expensive contract with Nike to automate sneaker manufacturing, was repeatedly hitting key milestones while timely proceeding on a steady trajectory to profitability. Defendants failed to disclose or warn the market of material facts showing that the Nike contract was failing operationally and not commercially viable, instead pointing to purported accomplishments and a timely trajectory to breaking even

Shareholders may find more information at https://securitiesclasslaw.com/securities/flex-ltd-loss-submission-form/?id=1772&from=1

comScore, Inc. (NasdaqGS: SCOR)

Investors Affected : November 8, 2018 - March 29, 2019

A class action has commenced on behalf of certain shareholders in comScore, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) that the Company was experiencing difficulties implementing its business strategy; (2) that, as a result, the Company's financial results would be materially impacted; and (3) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Shareholders may find more information at https://securitiesclasslaw.com/securities/comscore-inc-loss-submission-form/?id=1772&from=1

Community Health Systems, Inc. (NYSE: CYH)

Investors Affected : February 20, 2017 - February 27, 2018

A class action has commenced on behalf of certain shareholders in Community Health Systems, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) that the Company had understated its contractual allowances; (2) that the Company had understated its provision for bad debts; (3) that, as a result, the Company had overstated its net operating revenue; (4) that, as a result, the Company had understated its net loss; and (5) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Shareholders may find more information at https://securitiesclasslaw.com/securities/community-health-systems-inc-loss-submission-form/?id=1772&from=1

The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock.

CONTACT:

The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (212) 537-9430
Fax: (833) 862-7770

SOURCE: The Gross Law Firm



View source version on accesswire.com:
https://www.accesswire.com/547364/The-Gross-Law-Firm-Announces-Class-Actions-on-Behalf-of-Shareholders-of-FLEX-SCOR-and-CYH

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