Company: | 3D Systems Corporation |
Ticker Symbol: | DDD |
Class Period: | Oct-29-13 to Oct-22-14 |
Date Filed: | Jun-16-15 |
Lead Plaintiff Deadline: | Aug-15-15 |
Court: | District of South Carolina |
Allegations: |
The complaint alleges that during the Class Period, defendants issued materially false and misleading statements and/or failed to disclose adverse facts concerning the Company' business and prospects. Specifically, the complaint alleges that the defendants misrepresented, among other things, 3D' ability to increase capacity for its metal printing business, demand for its consumer products, the value of several corporate acquisitions and its expected earnings. On October 22, 2014, 3D announced disappointing financial results and lowered its full year guidance, blaming the miss on capacity constraints. The price of Company stock fell dramatically on the news.
If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.