Schmitt

Schmitt Industries, Inc. (SMIT) Equity Alert: Robbins LLP Reminds Investors of Lead Plaintiff Deadline in Class Action Against Schmitt Industries, Inc.

Retrieved on: 
Monday, October 24, 2022

What Now: Similarly situated shareholders may be eligible to participate in the class action against Schmitt.

Key Points: 
  • What Now: Similarly situated shareholders may be eligible to participate in the class action against Schmitt.
  • Shareholders who want to be appointed lead plaintiff for the class must file their papers by December 12, 2022.
  • A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
  • On September 20, 2022, Schmitt announced it would restate its financial statements from August 31, 2021 to the present, and expected to report at least one material weakness.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against PayPal, Opendoor, and Schmitt and Encourages Investors to Contact the Firm

Retrieved on: 
Saturday, October 22, 2022

Additionally, throughout the Class Period, Defendants made materially false and misleading statements regarding the Companys business, operations, and prospects.

Key Points: 
  • Additionally, throughout the Class Period, Defendants made materially false and misleading statements regarding the Companys business, operations, and prospects.
  • On this news, Schmitt stock fell $0.68, or 17.9%, to close at $3.12 per share on September 21, 2022, hurting investors.
  • For more information on the Schmitt class action go to: https://bespc.com/cases/SMIT
    About Bragar Eagel & Squire, P.C.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Schmitt Industries, Inc. (SMIT) Investors

Retrieved on: 
Monday, October 24, 2022

Investors have until December 12, 2022 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until December 12, 2022 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • Schmitt designs, assembles, and markets computer-controlled balancing equipment and precision laser measurement systems for use primarily by the machine tool industry.
  • Kirby McInerney LLP is a New York-based plaintiffs law firm concentrating in securities, antitrust, whistleblower, and consumer litigation.
  • The firms efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars.

DEADLINE ALERT for OPEN, SMIT, and SQ: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders

Retrieved on: 
Friday, October 21, 2022

LOS ANGELES, Oct. 21, 2022 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.

Key Points: 
  • LOS ANGELES, Oct. 21, 2022 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.
  • Investors have until the deadlines listed below to file a lead plaintiff motion.
  • Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to [email protected] .
  • The Law Offices of Frank R. Cruz, Los Angeles

DEADLINE ALERT for OPEN, SQ, SMIT: Law Offices of Howard G. Smith Reminds Investors of Class Actions on Behalf of Shareholders

Retrieved on: 
Friday, October 21, 2022

BENSALEM, Pa., Oct. 21, 2022 (GLOBE NEWSWIRE) -- Law Offices of Howard G. Smith reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.

Key Points: 
  • BENSALEM, Pa., Oct. 21, 2022 (GLOBE NEWSWIRE) -- Law Offices of Howard G. Smith reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.
  • Investors have until the deadlines listed below to file a lead plaintiff motion.
  • Investors suffering losses on their investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in these class actions at 888-638-4847 or by email to [email protected] .
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Bronstein, Gewirtz & Grossman, LLC, A Top Firm, Notifies Schmitt Industries, Inc. (SMIT) Investors of Class Action and Encourages Investors to Actively Participate

Retrieved on: 
Friday, October 21, 2022

Such investors are encouraged to join this case by visiting the firms site: www.bgandg.com/smit .

Key Points: 
  • Such investors are encouraged to join this case by visiting the firms site: www.bgandg.com/smit .
  • When the true details entered the market, the lawsuit claims that investors suffered damages.
  • or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484.
  • Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits.

SCHMITT INDUSTRIES PROVIDES COMPANY UDPATES AND INFORMATION ON NASDAQ DEFICIENCY NOTICES

Retrieved on: 
Thursday, October 20, 2022

PORTLAND, Ore., Oct. 20, 2022 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") provides updates following its recent 10-K filing, and discusses its proposed rights offering and receipt of Nasdaq deficiency notices.

Key Points: 
  • PORTLAND, Ore., Oct. 20, 2022 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") provides updates following its recent 10-K filing, and discusses its proposed rights offering and receipt of Nasdaq deficiency notices.
  • The Company finished the fiscal year with $1,050,910 in cash, as compared to $4,032,690 for the year ended May 31, 2021.
  • "The past year has not come without its operational challenges, primarily as Schmitt Industries consolidates and manages the two distinct business segments, Ample Hills and Schmitt Measurement Systems.
  • Under Nasdaq rules, we now have 60 calendar days, or until December 19, 2022, to submit to Nasdaq a plan to regain compliance with the Nasdaq rules.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Centessa, PayPal, Opendoor, and Schmitt and Encourages Investors to Contact the Firm

Retrieved on: 
Monday, October 17, 2022

Additionally, throughout the Class Period, Defendants made materially false and misleading statements regarding the Companys business, operations, and prospects.

Key Points: 
  • Additionally, throughout the Class Period, Defendants made materially false and misleading statements regarding the Companys business, operations, and prospects.
  • On this news, Schmitt stock fell $0.68, or 17.9%, to close at $3.12 per share on September 21, 2022, hurting investors.
  • For more information on the Schmitt class action go to: https://bespc.com/cases/SMIT
    About Bragar Eagel & Squire, P.C.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Deadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Schmitt Industries, Inc. (SMIT)

Retrieved on: 
Tuesday, October 18, 2022

Investors suffering losses on their Schmitt investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to [email protected] .

Key Points: 
  • Investors suffering losses on their Schmitt investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to [email protected] .
  • On this news, Schmitts stock fell $0.68, or 17.9%, to close at $3.12 per share on September 21, 2022, thereby injuring investors.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Schmitt Industries, Inc. (SMIT) Shareholder Update: Robbins LLP Reminds Investors of Class Action Against Schmitt Industries, Inc.

Retrieved on: 
Monday, October 17, 2022

The Class: Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons who acquired shares of Schmitt Industries, Inc. (NASDAQ: SMIT) securities between September 1, 2020 and September 20, 2022, for violations of the Securities Exchange Act of 1934.

Key Points: 
  • The Class: Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons who acquired shares of Schmitt Industries, Inc. (NASDAQ: SMIT) securities between September 1, 2020 and September 20, 2022, for violations of the Securities Exchange Act of 1934.
  • What Now: Similarly situated shareholders may be eligible to participate in the class action against Schmitt.
  • Shareholders who want to be appointed lead plaintiff for the class must file their papers by December 12, 2022.
  • A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.