United Parcel Service Inc. Common Stock (NYSE: UPS)
48 Days left to seek lead plaintiff status.
The Complaint alleges that Defendants provided these overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of UPS’ growth; notably, that it was not truly equipped to handle a surge in volume in lower-profit services without seeing a significant decline in their operating margins. The Complaint further alleges that such statements absent these material facts caused shareholders to purchase UPS’ securities at artificially inflated prices.