Denso Cuts Profit Forecast Amid U.S. Tariffs and Rising Costs 
Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure 
Using the Economic Calendar to Reduce Surprise Driven Losses in Forex 
Nvidia Confirms Major OpenAI Investment Amid AI Funding Race 
NRW Holdings Shares Surge After Securing Major Rio Tinto Contract and New Project Wins 
Boeing Signals Progress on Delayed 777X Program With Planned April First Flight 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Hyundai Motor Lets Russia Plant Buyback Option Expire Amid Ongoing Ukraine War 
SpaceX Seeks FCC Approval for Massive Solar-Powered Satellite Network to Support AI Data Centers 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
Tesla Launches New Model Y Variant in the US Starting at $41,990 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Disney Board Nears CEO Decision as Josh D’Amaro Emerges as Leading Candidate 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Novo Nordisk Warns of Profit Decline as Wegovy Faces U.S. Price Pressure and Rising Competition 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
LOS ANGELES, Aug. 21, 2017 -- Lundin Law PC, a shareholder rights firm, announces the filing of a class action lawsuit against Mattel, Inc. (“Mattel” or the “Company”) (Nasdaq:MAT) for possible violations of federal securities laws from October 20, 2016 through April 20, 2017, inclusive (the “Class Period”). Investors who purchased or otherwise acquired Mattel shares during the Class Period should contact the firm before the August 28, 2017 lead plaintiff motion deadline.
To participate in this class action lawsuit, click here.
You can also call Brian Lundin, Esq., of Lundin Law PC, at 888-713-1033, or you can e-mail him at [email protected].
No class has been certified in the above action yet, and until a class is certified, you are not considered to be represented by an attorney. You may choose to do nothing and be an absent class member as well.
According to the Complaint, during the Class Period, Mattel made false and/or misleading statements, and/or failed to disclose adverse information, specifically that the Company’s retail customers had high levels of unsold Mattel products, exposing it to the heightened risk that it would have to issue its retailers financial concessions to eliminate the excess inventory, and that it would experience slower sales growth in future periods. Following this news, Mattel’s stock price dropped materially, which caused investors harm according to the lawsuit.
Lundin Law PC was established by Brian Lundin, Esq., a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.
This press release may constitute Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
Contact: Lundin Law PC Brian Lundin, Esq. Telephone: 888-713-1033 Facsimile: 888-713-1125 [email protected] http://lundinlawpc.com/
