NEW ORLEANS--(BUSINESS WIRE)--ClaimsFiler, a FREE shareholder information service, reminds investors that they have only until May 29, 2018 to file lead plaintiff applications in a securities class action lawsuit against Patterson Companies, Inc. (NasdaqGS: PDCO). Investor losses must relate to purchases of the Company’s shares between June 26, 2015 and February 28, 2018. This action is pending in the United States District Court for the District of Minnesota.
Patterson investors should visit us at https://www.claimsfiler.com/cases/view-patterson-companies-inc-securities-litigation-1 or call to speak to our claim center toll-free at (844) 367-9658.
About the Lawsuit
On March 1, 2018, prior to markets opening, the Company revealed dismal financial results for the third quarter of 2018, including an earnings decrease of 26% and a cut to full year guidance for the second quarter in a row, as well as the departure of its Chief Financial Officer. On this news, the price of Patterson’s shares plummeted $7.48 per share, or 23% in one day on high trading volume.
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