Zhang Investor Law Announces Securities Class Action Lawsuit Against Mattel, Inc. – MAT

NEW YORK, Jan. 14, 2020 (GLOBE NEWSWIRE) — Zhang Investor Law announces that a class action lawsuit on behalf of shareholders who bought shares of Mattel, Inc. (NASDAQ: MAT) between October 26, 2017 and August 8, 2019, inclusive (the “Class Period”).
If you wish to serve as lead plaintiff, you must move the Court no later than February 24, 2020.  A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. To join the class action, http://zhanginvestorlaw.com/join-action-form/?slug=mattel-inc&id=2143 call Sophie Zhang, Esq. toll-free at 800-991-3756 or email [email protected] for information on the class action.如果您想加入这个集体诉讼案,请在这里提交您的信息。http://zhanginvestorlaw.com/join-action-form/?slug=mattel-inc&id=2143.According to the lawsuit,  throughout the Class Period, defendants and its senior executives presented false and misleading financial statements or omitted to  (1) Mattel had inadequate systems of internal disclosure and financial controls; (2) Mattel would need to amend its 2018 annual report on Form 10-K to restate the Company’s financial results for the third and fourth quarters of 2017; and (3) as a result of the foregoing, defendants’ statements about its business and operations were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.A class has not been certified.  You may retain counsel of your choice.  You may take no action at this time and be an absent class member.  Your ability to obtain a recovery is not dependent upon being a lead plaintiff.  Zhang Investor Law represents investors worldwide.  Attorney Advertising.  Prior results do not guarantee similar outcomes.Zhang Investor Law P.C.
99 Wall Street, Suite 232
New York, New York 10005
[email protected]
tel: (800) 991-3756
 

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