PTC Inc. The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the USDC for the District of Massachusetts on behalf of investors who purchased PTC Inc. (NASDAQ: PTC) securities between November 24, 2011 and July 29, 2015.
The complaint alleges that throughout the Class Period defendants issued false and misleading statements to investors and/or failed to disclose that: (1) PTC did not disclose to the U.S. Securities and Exchange Commission and the U.S. Department of Justice the full results of its investigation into whether PTC China improperly provided recreational travel to Chinese government officials in violation of The Foreign Corrupt Practices Act (“FCPA”); (2) PTC was not cooperating with the SEC and the DOJ in connection with their investigations into whether PTC China improperly provided recreational travel to Chinese government officials in violation of FCPA; (3) PTC’s books and records were inaccurate and PTC failed to maintain adequate internal accounting controls; and (4) as a result, PTC’s public statements were materially false and misleading at all relevant times.
If you suffered a loss in PTC you have until May 6, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
To receive more information, please fill out the form.