LOS ANGELES -- (Business Wire)
Goldberg
Law PC (www.Goldberglawpc.com)
announces that a class action lawsuit has been filed against Cnova N.V.
(“Cnova” or the “Company”) (Nasdaq: CNV).
Investors who purchased or otherwise acquired shares between November
19, 2014 and December 18, 2015, (the “Class Period”), are encouraged to
contact the firm in advance of the March 21, 2016, lead plaintiff motion
deadline.
If you are a shareholder who suffered a loss during the Class Period, we
advise you to contact Michael
Goldberg or Brian Schall,
of Goldberg Law PC, 13650 Marina Pointe Dr. Suite 1404, Marina Del Rey,
CA 90292, at 800-977-7401, to discuss your rights without cost to you.
You can also reach us through the firm’s website at http://www.Goldberglawpc.com,
or by email at info@goldberglawpc.com.
The class in this case has not yet been certified, and until
certification occurs, you are not represented by an attorney. If you
choose to take no action, you can remain an absent class member.
According to the complaint, the Company made false and/or misleading
statements and/or failed to disclose that: (1) Cnova overstated net
sales; (2) Cnova failed to properly write-off the value of certain
returned items; (3) there was a material discrepancy in accounts
receivable related to the damaged/returned items; (4) Cnova’s EBIT was
overstated; and (5) Cnova lacked adequate internal controls.
Goldberg Law PC represents shareholders around the world and specializes
in securities class actions and shareholder rights litigation.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160209006896/en/
Contacts:
Goldberg Law PC, Los Angeles
Michael Goldberg, Esq., 800-977-7401
Brian
Schall, Esq., 800-977-7401
info@goldberglawpc.com
Source: Goldberg Law PC
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