{"id":454922,"date":"2021-03-10T10:03:13","date_gmt":"2021-03-10T15:03:13","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=454922"},"modified":"2021-03-10T10:03:13","modified_gmt":"2021-03-10T15:03:13","slug":"ldos-shareholder-alert-bronstein-gewirtz-grossman-llc-notifies-leidos-holdings-inc-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ldos-shareholder-alert-bronstein-gewirtz-grossman-llc-notifies-leidos-holdings-inc-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm\/","title":{"rendered":"LDOS Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Leidos Holdings, Inc. Investors of Class Action and Encourages Shareholders to Contact the Firm"},"content":{"rendered":"
\n

NEW YORK, March 10, 2021 (GLOBE NEWSWIRE) — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against\u00a0Leidos Holdings, Inc. (“Leidos” or the “Company”) (NYSE: LDOS) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Leidos securities between May 4, 2020 and February 23, 2021, inclusive (the “Class Period”).\u00a0Such investors are encouraged to join this case by visiting the firm\u2019s site: www.bgandg.com\/ldos<\/a>.<\/p>\n

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.<\/p>\n

The complaint alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, and failed to disclose that:\u00a0(1) the purported benefits of the Company\u2019s acquisition of L3Harris\u2019 Security Detection & Automation businesses were significantly overstated; (2) Leidos\u2019 products suffered from numerous product defects, including faulty explosive detection systems at airports, ports, and borders; (3) as a result of the foregoing, the Company\u2019s financial results were significantly overstated; and (4) as a result of the foregoing, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis.<\/p>\n

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm\u2019s site: www.bgandg.com\/ldos<\/a> or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Leidos you have until May 3, 2021 to request that the Court appoint you as lead plaintiff.\u00a0 Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.<\/p>\n

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.\u00a0 Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.\u00a0 In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm\u2019s expertise includes general corporate and commercial litigation, as well as securities arbitration.\u00a0 \u00a0Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com<\/a><\/p>\n

\n
\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, March 10, 2021 (GLOBE NEWSWIRE) — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against\u00a0Leidos Holdings, Inc. (“Leidos” or the “Company”) (NYSE: LDOS) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Leidos securities between May 4, 2020 and February 23, 2021, inclusive (the “Class Period”).\u00a0Such investors are encouraged to join this case by visiting the firm\u2019s site: www.bgandg.com\/ldos. This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The complaint alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, and failed to disclose that:\u00a0(1) … <\/p>\n

Continue reading “LDOS Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Leidos Holdings, Inc. Investors of Class Action and Encourages Shareholders to Contact the Firm”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-454922","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLDOS Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Leidos Holdings, Inc. 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