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PLT INVESTOR ALERT: ROSEN, A TOP LAW FIRM, Reminds Plantronics, Inc. Investors of Important January 13th Deadline in Securities Class Action

NEW YORK, Jan. 5, 2020 /PRNewswire/ --A Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Plantronics, Inc. between July 2, 2018 and November 5, 2019, both dates inclusive (the "Class Period") of the important January 13, 2020 lead plaintiff deadline in the securities class action lawsuit. The lawsuit seeks to recover damages for Plantronics investors under the federal securities laws.
PLT INVESTOR ALERT: ROSEN, A TOP LAW FIRM, Reminds Plantronics, Inc. Investors of Important January 13th Deadline in Securities Class Action
To join the Plantronics class action, go to https://www.rosenlegal.com/cases-register-1722.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR'S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.According to the lawsuit, the defendants' statements throughout the Class Period were false and/or misleading and/or failed to disclose that: (1) Plantronics had engaged in channel stuffing to artificially boost sales; (2) Plantronics' internal control over inventory levels was not effective; (3) Plantronics had not adequately monitored inventory levels ahead of multiple product launches, where the new models would displace demand for aging products; and (4) as a result, defendants' statements regarding Plantronics's business, operations, and prospects, were materially false and misleading. When the true details entered the market, the lawsuit claims that investors suffered damages.
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