{"id":473143,"date":"2021-04-07T14:52:23","date_gmt":"2021-04-07T18:52:23","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=473143"},"modified":"2021-04-07T14:52:23","modified_gmt":"2021-04-07T18:52:23","slug":"ldos-class-action-alert-kessler-topaz-meltzer-check-llp-reminds-leidos-holdings-inc-shareholders-of-securities-fraud-class-action-lawsuit","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ldos-class-action-alert-kessler-topaz-meltzer-check-llp-reminds-leidos-holdings-inc-shareholders-of-securities-fraud-class-action-lawsuit\/","title":{"rendered":"LDOS CLASS ACTION ALERT:  Kessler Topaz Meltzer &amp; Check, LLP Reminds Leidos Holdings, Inc. Shareholders of Securities Fraud Class Action Lawsuit"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">RADNOR, Pa.<\/span>, <span class=\"xn-chron\">April 7, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0The law firm of Kessler Topaz Meltzer &amp; Check, LLP reminds \u00a0Leidos Holdings, Inc. (NYSE: LDOS) (&#8220;Leidos&#8221;) investors that a securities class action lawsuit has been filed on behalf of those who purchased or acquired Leidos securities <b><i>between <span class=\"xn-chron\">May 4, 2020<\/span> and <span class=\"xn-chron\">February 23, 2021<\/span><\/i><\/b>, inclusive (the &#8220;Class Period&#8221;).<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/277422\/ktmc_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/277422\/ktmc_Logo.jpg\" title=\"KTMC (PRNewsFoto\/Kessler Topaz Meltzer &amp; Check)\" alt=\"KTMC (PRNewsFoto\/Kessler Topaz Meltzer &amp; Check)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b><br \/>\n          <i>Lead Plaintiff Deadline:\u00a0 <u><span class=\"xn-chron\">May 5, 2021<\/span><\/u><\/i><br \/>\n        <\/b>\n      <\/p>\n<p>\n        <b><br \/>\n          <i>Website:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/i><br \/>\n        <\/b><br \/>\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3121936-1&amp;h=2140281149&amp;u=https%3A%2F%2Fwww.ktmc.com%2Fleidos-holdings-class-action-lawsuit%3Futm_source%3DPR%26utm_medium%3Dlink%26utm_campaign%3Dleidos&amp;a=https%3A%2F%2Fwww.ktmc.com%2Fleidos-holdings-class-action-lawsuit%3Futm_source%3DPR%26utm_medium%3Dlink%26utm_campaign%3Dleidos\" rel=\"nofollow noopener noreferrer\">https:\/\/www.ktmc.com\/leidos-holdings-class-action-lawsuit?utm_source=PR&amp;utm_medium=link&amp;utm_campaign=leidos<\/a>\n      <\/p>\n<p>\n        <b><br \/>\n          <i>Contact:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/i><br \/>\n          <span class=\"xn-person\">James Maro, Esq.<\/span> (484) 270-1453<\/b><br \/>\n        <b>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <span class=\"xn-person\">Adrienne Bell, Esq.<\/span> (484) 270-1435<br \/><\/b><br \/>\n        <b>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Toll free (844) 887-9500<\/b>\n      <\/p>\n<p>Leidos is a science, engineering, and information technology company that provides services and solutions in the defense, intelligence, homeland security, civil and health markets, both domestically and internationally. <\/p>\n<p>The complaint alleges that, throughout the Class Period, the defendants failed to disclose material information to investors. Specifically, the defendants failed to disclose that: (1) the purported benefits of Leidos&#8217;s acquisition of L3Harris Technologies&#8217; Security Detection and Automation businesses were significantly overstated; (2) Leidos&#8217;s products suffered from numerous product defects, including faulty explosive detection systems at airports, ports, and borders; (3) as a result of the foregoing, Leidos&#8217;s financial results were significantly overstated; and (4) as a result of the foregoing, the defendants&#8217; positive statements about Leidos&#8217;s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis.\u00a0As a result of the foregoing, Leidos securities lost significant value, directly harming Leidos investors. <\/p>\n<p>Leidos investors may, <b><i><u>no later than <span class=\"xn-chron\">May 5, 2021<\/span><\/u><\/i><\/b>, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer &amp; Check, LLP, or other counsel, or may choose to do nothing and remain an absent class member.\u00a0A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.\u00a0In order to be appointed as a lead plaintiff, the Court must determine that the class member&#8217;s claim is typical of the claims of other class members, and that the class member will adequately represent the class.\u00a0Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.\u00a0 <\/p>\n<p>Kessler Topaz Meltzer &amp; Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer &amp; Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from <span class=\"xn-location\">the United States<\/span> and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars).\u00a0The complaint in this action was not filed by Kessler Topaz Meltzer &amp; Check, LLP. For more information about Kessler Topaz Meltzer &amp; Check, LLP please visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3121936-1&amp;h=3391088399&amp;u=http%3A%2F%2Fwww.ktmc.com%2F&amp;a=www.ktmc.com\" rel=\"nofollow noopener noreferrer\">www.ktmc.com<\/a>.<\/p>\n<p>CONTACT:<br \/>Kessler Topaz Meltzer &amp; Check, LLP<br \/><span class=\"xn-person\">James Maro, Jr., Esq.<\/span><br \/><span class=\"xn-person\">Adrienne Bell, Esq.<\/span><br \/>280 King of Prussia Road<br \/><span class=\"xn-location\">Radnor, PA<\/span> 19087<br \/>(844) 887-9500 (toll free)<br \/><a target=\"_blank\" href=\"mailto:info@ktmc.com\" rel=\"nofollow noopener noreferrer\">info@ktmc.com<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC35336&amp;sd=2021-04-07\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/ldos-class-action-alert--kessler-topaz-meltzer--check-llp-reminds-leidos-holdings-inc-shareholders-of-securities-fraud-class-action-lawsuit-301264385.html\">http:\/\/www.prnewswire.com\/news-releases\/ldos-class-action-alert&#8211;kessler-topaz-meltzer&#8211;check-llp-reminds-leidos-holdings-inc-shareholders-of-securities-fraud-class-action-lawsuit-301264385.html<\/a><\/p>\n<p>SOURCE  Kessler Topaz Meltzer &amp; Check, LLP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DC35336&amp;Transmission_Id=202104071449PR_NEWS_USPR_____DC35336&amp;DateId=20210407\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire RADNOR, Pa., April 7, 2021 \/PRNewswire\/ &#8212;\u00a0The law firm of Kessler Topaz Meltzer &amp; Check, LLP reminds \u00a0Leidos Holdings, Inc. (NYSE: LDOS) (&#8220;Leidos&#8221;) investors that a securities class action lawsuit has been filed on behalf of those who purchased or acquired Leidos securities between May 4, 2020 and February 23, 2021, inclusive (the &#8220;Class Period&#8221;). Lead Plaintiff Deadline:\u00a0 May 5, 2021 Website:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 https:\/\/www.ktmc.com\/leidos-holdings-class-action-lawsuit?utm_source=PR&amp;utm_medium=link&amp;utm_campaign=leidos Contact:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 James Maro, Esq. (484) 270-1453 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Adrienne Bell, Esq. (484) 270-1435 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Toll free (844) 887-9500 Leidos is a science, engineering, and information technology company that provides services and solutions in the defense, intelligence, homeland security, civil and health markets, both domestically and internationally. The complaint alleges that, throughout the Class Period, the defendants failed &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ldos-class-action-alert-kessler-topaz-meltzer-check-llp-reminds-leidos-holdings-inc-shareholders-of-securities-fraud-class-action-lawsuit\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;LDOS CLASS ACTION ALERT:  Kessler Topaz Meltzer &amp; Check, LLP Reminds Leidos Holdings, Inc. Shareholders of Securities Fraud Class Action Lawsuit&#8221;<\/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-473143","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>LDOS CLASS ACTION ALERT: Kessler Topaz Meltzer &amp; Check, LLP Reminds Leidos Holdings, Inc. Shareholders of Securities Fraud Class Action Lawsuit - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ldos-class-action-alert-kessler-topaz-meltzer-check-llp-reminds-leidos-holdings-inc-shareholders-of-securities-fraud-class-action-lawsuit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LDOS CLASS ACTION ALERT: Kessler Topaz Meltzer &amp; Check, LLP Reminds Leidos Holdings, Inc. Shareholders of Securities Fraud Class Action Lawsuit - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire RADNOR, Pa., April 7, 2021 \/PRNewswire\/ &#8212;\u00a0The law firm of Kessler Topaz Meltzer &amp; Check, LLP reminds \u00a0Leidos Holdings, Inc. (NYSE: LDOS) (&#8220;Leidos&#8221;) investors that a securities class action lawsuit has been filed on behalf of those who purchased or acquired Leidos securities between May 4, 2020 and February 23, 2021, inclusive (the &#8220;Class Period&#8221;). Lead Plaintiff Deadline:\u00a0 May 5, 2021 Website:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 https:\/\/www.ktmc.com\/leidos-holdings-class-action-lawsuit?utm_source=PR&amp;utm_medium=link&amp;utm_campaign=leidos Contact:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 James Maro, Esq. (484) 270-1453 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Adrienne Bell, Esq. (484) 270-1435 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Toll free (844) 887-9500 Leidos is a science, engineering, and information technology company that provides services and solutions in the defense, intelligence, homeland security, civil and health markets, both domestically and internationally. The complaint alleges that, throughout the Class Period, the defendants failed &hellip; Continue reading &quot;LDOS CLASS ACTION ALERT: Kessler Topaz Meltzer &amp; Check, LLP Reminds Leidos Holdings, Inc. 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Shareholders of Securities Fraud Class Action Lawsuit - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/ldos-class-action-alert-kessler-topaz-meltzer-check-llp-reminds-leidos-holdings-inc-shareholders-of-securities-fraud-class-action-lawsuit\/","og_locale":"en_US","og_type":"article","og_title":"LDOS CLASS ACTION ALERT: Kessler Topaz Meltzer &amp; Check, LLP Reminds Leidos Holdings, Inc. Shareholders of Securities Fraud Class Action Lawsuit - Market Newsdesk","og_description":"PR Newswire RADNOR, Pa., April 7, 2021 \/PRNewswire\/ &#8212;\u00a0The law firm of Kessler Topaz Meltzer &amp; Check, LLP reminds \u00a0Leidos Holdings, Inc. (NYSE: LDOS) (&#8220;Leidos&#8221;) investors that a securities class action lawsuit has been filed on behalf of those who purchased or acquired Leidos securities between May 4, 2020 and February 23, 2021, inclusive (the &#8220;Class Period&#8221;). Lead Plaintiff Deadline:\u00a0 May 5, 2021 Website:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 https:\/\/www.ktmc.com\/leidos-holdings-class-action-lawsuit?utm_source=PR&amp;utm_medium=link&amp;utm_campaign=leidos Contact:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 James Maro, Esq. (484) 270-1453 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Adrienne Bell, Esq. (484) 270-1435 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Toll free (844) 887-9500 Leidos is a science, engineering, and information technology company that provides services and solutions in the defense, intelligence, homeland security, civil and health markets, both domestically and internationally. The complaint alleges that, throughout the Class Period, the defendants failed &hellip; Continue reading \"LDOS CLASS ACTION ALERT: Kessler Topaz Meltzer &amp; Check, LLP Reminds Leidos Holdings, Inc. Shareholders of Securities Fraud Class Action Lawsuit\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/ldos-class-action-alert-kessler-topaz-meltzer-check-llp-reminds-leidos-holdings-inc-shareholders-of-securities-fraud-class-action-lawsuit\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-07T18:52:23+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/277422\/ktmc_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ldos-class-action-alert-kessler-topaz-meltzer-check-llp-reminds-leidos-holdings-inc-shareholders-of-securities-fraud-class-action-lawsuit\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ldos-class-action-alert-kessler-topaz-meltzer-check-llp-reminds-leidos-holdings-inc-shareholders-of-securities-fraud-class-action-lawsuit\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"LDOS CLASS ACTION ALERT: Kessler Topaz Meltzer &amp; Check, LLP Reminds Leidos Holdings, Inc. 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