Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Skechers, USA Technologies, OPKO Health and Encourages Investors to Contact the Firm

NEW YORK, Oct. 18, 2018 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. reminds investors that class action lawsuits have been commenced on behalf of stockholders of Skechers U.S.A., Inc., USA Technologies, Inc., OPKO Health, Inc., and Chegg, Inc.  Stockholders have until the deadlines listed below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided.

Skechers U.S.A., Inc. (NYSE: SKX)

Class Period:   October 20, 2017 - July 19, 2018

Lead Plaintiff Deadline: November 5, 2018

The complaint claims that throughout the Class Period, defendants made false and/or misleading statements, as well as failed to disclose material adverse facts about the company’s business, operations, prospects and financial health.  Specifically, defendants failed to disclose that: (1) Skechers lacked the operational infrastructure to handle demand and sustain true sales growth in its international markets; (2) Skechers was relying on expensive, third-party operational solutions to drive its international sales growth; (3) Skechers’ expenses would outgrow sales for the foreseeable future; (4) Skechers’ international sales growth was not sustainable without such outgrown expenses; and (5) as a result of the foregoing, defendants statements about Skechers’ business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.

To learn more about the Skechers class action go to:  https://bespc.com/skechers/.

USA Technologies, Inc. (NASDAQ: USAT)

Class Period: November 9, 2017 - September 11, 2018

Lead Plaintiff Deadline: November 13, 2018

The complaint alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) USAT’s treatment of contractual arrangements in its financial statements would result in an internal investigation and delay the filing of its annual report for fiscal year 2018; (2) consequently, USAT’s internal controls over financial reporting were weak and deficient; (3) as a result, defendants’ statements about USA Technologies’ business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

To learn more about the USAT class action go to: http://bespc.com/usat/.

OPKO Health, Inc. (NASDAQ: OPK)

Class Period: September 26, 2013 - September 7, 2018

Lead Plaintiff Deadline: November 13, 2018

The complaint alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) OPKO and its Chairman and Chief Executive Officer, Phillip Frost, were engaged in a pump-and-dump scheme with several other individuals and companies in their investments in several penny stocks; (2) this illicit scheme would result in governmental scrutiny including from the SEC; and (3) as a result, defendants’ statements about OPKO’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

To learn more about the OPKO class action go to: http://bespc.com/opk/.

Chegg, Inc. (NYSE: CHGG)

Class Period:   July 30, 2018 - September 25, 2018

Lead Plaintiff Deadline: November 26, 2018

The complaint alleges that throughout the Class Period, defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the company’s business, operations, and prospects.  Specifically, defendants failed to disclose to investors: (1) that the company lacked adequate security measures to protect users data; (2) that the company lacked the internal controls and procedures to detect unauthorized access to its systems and to its data; (3) that as a result, the company would incur additional expenses and litigation risks; and (4) that, as a result of the foregoing, defendant’s positive statements about the company’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.

To learn more about the Chegg class action go to:  https://bespc.com/chegg/.

Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation.  For additional information about Bragar Eagel & Squire, P.C. please go to www.bespc.com.

Contacts

Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com