NEW YORK, NY / ACCESSWIRE / July 2, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.
Hallmark Financial Services, Inc. (NASDAQ:HALL)
Class Period: March 5, 2019 - March 17, 2020
Lead Plaintiff Deadline: July 6, 2020
Throughout the class period, Hallmark Financial Services, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) the Company lacked effective internal controls over accounting and financial reporting related to reserves for unpaid losses; (2) the Company improperly accounted for reserve for unpaid losses and loss-adjustment expenses related to its Binding Primary Commercial Auto business; (3) as a result, Hallmark Financial would be forced to report a $63.8 million loss development for prior underwriting years; (4) as a result, Hallmark Financial would exit from its Binding Primary Commercial Auto business; and (5) 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.
Learn about your recoverable losses in HALL: http://www.kleinstocklaw.com/pslra-1/hallmark-financial-services-inc-loss-submission-form?id=7751&from=1
Ryder System, Inc. (NYSE:R)
Class Period: July 23, 2015 - February 13, 2020
Lead Plaintiff Deadline: July 20, 2020
During the class period, Ryder System, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) Ryder's financial results were inflated as a result of the Company's practice of overstating the residual values of the vehicles in its fleet; (2) there was no reasonable basis to believe that Ryder would sell its used vehicles for the amounts that it had assigned to them; (3) Ryder's residual values for its fleet of vehicles exceeded the expected future values that would be realized upon the sale of those vehicles; and (4) 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.
Learn about your recoverable losses in R: http://www.kleinstocklaw.com/pslra-1/ryder-system-inc-loss-submission-form?id=7751&from=1
Brookdale Senior Living Inc. (NYSE:BKD)
Class Period: August 10, 2016 - April 29, 2020
Lead Plaintiff Deadline: August 24, 2020
The BKD lawsuit alleges Brookdale Senior Living Inc. made materially false and/or misleading statements and/or failed to disclose during the class period that: (i) Brookdale's financial performance was sustained by, among other things, the Company's purposeful understaffing of its senior living communities; (ii) the foregoing conduct subjected Brookdale to an increased risk of litigation and, once revealed, was foreseeably likely to have a material negative impact on the Company's financial results and reputation; (iii) as a result, the Company's financial results were unsustainable; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
Learn about your recoverable losses in BKD: http://www.kleinstocklaw.com/pslra-1/brookdale-senior-living-inc-loss-submission-form?id=7751&from=1
Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com
SOURCE: The Klein Law Firm
View source version on accesswire.com:
https://www.accesswire.com/596156/The-Klein-Law-Firm-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders-of-HALL-R-and-BKD
