CAMPING WORLD SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Camping World Holdings, Inc. - CWH15 Views
NEW ORLEANS, Dec. 07, 2018 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until December 18, 2018 to file lead plaintiff applications in a securities class action lawsuit against Camping World Holdings, Inc. (NYSE: CWH), if they purchased the Company’s Class A shares between March 8, 2017 and August 7, 2018, inclusive (the “Class Period”). This action is pending in the United States District Court for the Northern District of Illinois.
Camping World investors should visit us at https://www.claimsfiler.com/cases/view-camping-world-holdings-inc-securities-litigation or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.
About the Lawsuit
Camping World and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On August 7, 2018, the Company disclosed a wide range of disappointing results for the quarter ended June 30, 2018 including a decline in same-store revenue, adjusted EBITDA 9% below guidance, a continuing decline in its adjusted EBITDA margin of 250 basis points year-over-year, and additional complications with its Gander Mountain Co. operations.
On this news, the price of Camping World’s Class A shares plummeted 14%, to close at $19.04 per share on August 8, 2018.
The case is Ronge v. Camping World, et al, 18-cv-07030.
ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.
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