{"id":457758,"date":"2021-03-15T10:03:40","date_gmt":"2021-03-15T14:03:40","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=457758"},"modified":"2021-03-15T10:03:40","modified_gmt":"2021-03-15T14:03:40","slug":"ldos-investor-alert-bronstein-gewirtz-grossman-llc-reminds-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-investor-alert-bronstein-gewirtz-grossman-llc-reminds-leidos-holdings-inc-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm\/","title":{"rendered":"LDOS Investor Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Leidos Holdings, Inc. Investors of Class Action and Encourages Shareholders to Contact the Firm"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n NEW YORK<\/span>, March 15, 2021<\/span> \/PRNewswire\/ — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against\u00a0Leidos Holdings, Inc.\u00a0(“Leidos” or the “Company”) (NYSE: LDOS)\u00a0and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Leidos\u00a0securities\u00a0between May 4, 2020<\/span> and February 23<\/span>, 2021,\u00a0inclusive (the “Class Period”).\u00a0Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com\/ldos<\/a>.<\/p>\n

\n

\n
\n \"Bronstein,
\n <\/a>\n <\/p>\n<\/p><\/div>\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’s acquisition of L3Harris’ Security Detection & Automation businesses were significantly overstated; (2) Leidos’ 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’s financial results were significantly overstated; 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.<\/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’s site: www.bgandg.com\/ldos<\/a>\u00a0or you may contact Peretz Bronstein, Esq.<\/span> or his Investor Relations Analyst, Yael Hurwitz<\/span> of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Leidos\u00a0you have until May 3, 2021<\/span> 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’s 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<\/span> or Yael Hurwitz<\/span>
212-697-6484 | info@bgandg.com<\/a><\/p>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:http:\/\/www.prnewswire.com\/news-releases\/ldos-investor-alert-bronstein-gewirtz–grossman-llc-reminds-leidos-holdings-inc-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm-301246917.html<\/a><\/p>\n

SOURCE Bronstein, Gewirtz & Grossman, LLC<\/p>\n<\/p><\/div>\n

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

PR Newswire NEW YORK, March 15, 2021 \/PRNewswire\/ — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against\u00a0Leidos Holdings, Inc.\u00a0(“Leidos” or the “Company”) (NYSE: LDOS)\u00a0and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Leidos\u00a0securities\u00a0between May 4, 2020 and February 23, 2021,\u00a0inclusive (the “Class Period”).\u00a0Such investors are encouraged to join this case by visiting the firm’s 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) the purported benefits of … <\/p>\n

Continue reading “LDOS Investor Alert: Bronstein, Gewirtz & Grossman, LLC Reminds 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-457758","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLDOS Investor Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Leidos Holdings, Inc. 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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 … Continue reading "LDOS Investor Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Leidos Holdings, Inc. 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