Glancy Prongay & Murray Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Cintas Corp.
Glancy Prongay & Murray Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Cintas Corp. January 21, 2020, 4:00 PM UTC. LOS ANGELES, Jan. 21, 2020 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming February 10, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of Cintas Corp. (“Cintas” or the “Company”) (NASDAQ: CTAS) investors who purchased securities between March 6, 2017 and November 13, 2019, inclusive (the “Class Period”). If you are a shareholder who suffered a loss, click here to participate. 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 Charles Linehan, Esquire, at 310-201-9150, Toll-Free at 888-773-9224, or by email to firstname.lastname@example.org, or visit our website at www.glancylaw.com. Specifically, Defendants failed to disclose to investors: (1) that Cintas never tracked legacy margins following the G&K acquisition; (2) that the Company has systematically provided guidance with which it would outperform (a "Beat and Raise" scheme); (3) that undisclosed to the investing public, the Company has breached the law multiple times; (4) that as a result of publicly known and undisclosed breaches of law, the Company's Credit Agreement may be jeopardized; and (5) that, as a result of the foregoing, the Company's financial statements were materially false and misleading at all relevant times. Follow us for updates on Twitter: twitter.com/GPM_LLP. If you purchased or otherwise acquired Cintas securities during the Class Period, you may move the Court no later than February 10, 2020 to request appointment as lead plaintiff in this putative class action lawsuit.