Class Action Cases

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ADT Inc.

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According to the Complaint, ADT made false and misleading statements to the marketplace. ADT’s registration statement included material misrepresentations by failing to disclose metrics important to appraising the company’s “key values drivers”. The company’s discussion of risk factors did not disclose the risk posed by a 75% increase in year-over-year losses which was already occurring, other complete yet undisclosed materially negative Q4 and FY 2017 results, ADT’s dependence on the Trump tax cut to meet the low end of its 2017 estimates, the omission of metrics critical for historical analysis, and likely and materially adverse effects on ADT’s future results and share price. ADT’s failure to disclose the complete materially negative Q4 and FY 2017 results and trends, amongst other materially negative facts, resulted in the registration statement being false and misleading in its references to risk that “if”, “might”, or “could” affect the company. As a result, ADT’s public statements were materially false and misleading at all relevant times. The lawsuit states that when the market learned the true facts, investors suffered damages.

Press Release

INVESTOR NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against ADT Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against ADT Inc. (”ADT’ or ”the Company”) (NYSE: ADT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s shares pursuant and/or traceable to the registration statement and prospectus (the “Registration Statement”) issued in connection with ADT’s January 2018 initial public offering (“IPO”), are encouraged to contact the firm before July 20, 2018.

If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall, or Sherin Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at brian@schallfirm.com.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, ADT made false and misleading statements to the marketplace. ADT’s registration statement included material misrepresentations by failing to disclose metrics important to appraising the company’s “key values drivers”. The company’s discussion of risk factors did not disclose the risk posed by a 75% increase in year-over-year losses which was already occurring, other complete yet undisclosed materially negative Q4 and FY 2017 results, ADT’s dependence on the Trump tax cut to meet the low end of its 2017 estimates, the omission of metrics critical for historical analysis, and likely and materially adverse effects on ADT’s future results and share price. ADT’s failure to disclose the complete materially negative Q4 and FY 2017 results and trends, amongst other materially negative facts, resulted in the registration statement being false and misleading in its references to risk that “if”, “might”, or “could” affect the company. As a result, ADT’s public statements were materially false and misleading at all relevant times. The lawsuit states that when the market learned the true facts, investors suffered damages.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
Sherin Mahdavian, Esq.,
www.schallfirm.com

SOURCE: The Schall Law Firm

 

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