BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the March 5, 2018 deadline to file a lead plaintiff motion in the class action filed on behalf of investors that purchased Acuity Brands, Inc. (“Acuity” or the “Company”) (NYSE: AYI) securities between June 29, 2016 and April 3, 2017, inclusive (the “Class Period”). Acuity investors have until March 5, 2018 to file a lead plaintiff motion.
Investors suffering losses on their Acuity investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to email@example.com.
The complaint filed in this class action alleges that Defendants during the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) known trends were negatively impacting sales of Acuity's products; (2) Acuity's ability to achieve profitable sales growth was overstated; and (3) as a result, defendants' positive statements about Acuity's current and future business and financial prospects lacked a reasonable basis.
If you purchased shares of Acuity during the Class Period you may move the Court no later than March 5, 2018 to ask the Court to appoint you as lead plaintiff if you meet certain legal requirements. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to firstname.lastname@example.org, or visit our website at http://www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.