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Pyxus International, Inc. (NYSE: PYX)


Company Name: Pyxus International, Inc.
Stock Symbol: NYSE: PYX
Class Period Start: 06/07/2018
Class Period End (inclusive): 11/08/2018
Filing Deadline: 08/06/2019
Court: Eastern District of North Carolina

Case Details

The law firm of Barbuto & Johansson, P.A., and Director of Client Relations Neil Rothstein, Esq. remind investors that they have until June 17, 2019 to file lead plaintiff applications in a securities class action lawsuit against Pyxus International, Inc.

Pyxus and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On November 8, 2018, the Company revealed an approximately 12% year-over-year decline in sales due to the timing of shipments and a larger prior year crop in South America. On November 9, 2018, the Securities & Exchange Commission revealed a settlement reached with the Company for charges that it had materially misstated financial statements from at least 2011 through 2Q2015.

On this news, the price of Pyxus’ shares plummeted.

If you purchased securities of Pyxus International, Inc. and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, please contact one of our attorneys. Call the firm today at (561) 444-7980 and/or fill out the form to the right.

The case is Jones v. Pyxus International, Inc. et al., 5:19-cv-00234. Click here to read full case complaint.