NEW YORK, March 17, 2015 (GLOBE NEWSWIRE) — The following statement is being issued by Levi & Korsinsky, LLP:
TO: ALL PERSONS OR ENTITIES WHO PURCHASED OR OTHERWISE ACQUIRED COMMON SHARES OF CTPARTNERS EXECUTIVE SEARCH INC. (“CTPartners”) (NYSE MKT:CTP) BETWEEN FEBRUARY 26, 2014 AND JANUARY 28, 2015.
YOU ARE HEREBY NOTIFIED that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of New York. If you purchased or otherwise acquired CTPartners securities between February 26, 2014 and January 28, 2015, YOUR RIGHTS MAY BE AFFECTED BY THIS ACTION.
To get more information, click here: http://zlk.9nl.com/ctpartners-executive-ctp. There is no cost or obligation to you.
The complaint alleges that throughout the Class Period defendants concealed that: (a) the Company had long standing employment discrimination issues that exposed the Company to heightened risk that its reputation and ability to attract and retain search consultants would be significantly damaged; (b) the Company was experiencing declining earnings due to increased business integration, and administrative and management expenses that were outpacing revenue growth.
On December 8, 2014, an article in the New York Post reported that a complaint had been filed with the Equal Employment Opportunity Committee by a former CTPartners employee, alleging discrimination. The same day CTPartners withdrew a stock offering that had been announced less than a day prior.
If you suffered a loss in CTPartners you have until April 28, 2015 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/ctpartners-executive-ctp.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
- Company Legal & Law Matters
- United States District Court