The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of TGT, SPR and VIRT

NEW YORK, NY / ACCESSWIRE / May 24, 2023 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

Target Corporation (NYSE:TGT)
Class Period: August 18, 2021 - May 17, 2022
Lead Plaintiff Deadline: May 30, 2023

The TGT lawsuit alleges that throughout the class period, Target Corporation made materially false and/or misleading statements and/or failed to disclose that: (i) Target's difficulty maintaining a balanced inventory of in-demand goods was far worse than the Company had represented; (ii) Target was severely impacted by changing consumer preferences; (iii) Target's inventory mix was significantly more sensitive to changing consumer preferences due to Target's practice of buying larger quantities ahead of season, and was therefore at significant risk of having to use markdowns to sell out-of-demand goods; and (iv) as a direct result of these changing preferences, Target's inventory increasingly became out-of-balance and overweight in bulky and unsellable goods throughout the Class Period forcing Target to markdown its out-of-demand goods, thereby negatively impacting revenue.

Learn about your recoverable losses in TGT: https://www.kleinstocklaw.com/pslra-1/target-corporation-lawsuit-loss-submission-form?id=39900&from=1

Spirit AeroSystems Holdings, Inc. (NYSE:SPR)
Class Period: April 8, 2020 - April 13, 2023
Lead Plaintiff Deadline: July 5, 2023

According to the complaint, Spirit AeroSystems Holdings, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) Spirit lacked effective production quality controls; (2) as a result, Spirit incorrectly installed fittings designed to join the aft fuselage to the vertical tail for some Boeing 737 Max airplanes that Spirit sent to Boeing; (3) as a result, Spirit would have to develop an inspection and repair procedure for the affected fuselages; (4) the foregoing would negatively impact Spirit's financial results; and (5) as a result of the foregoing, defendant's positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Learn about your recoverable losses in SPR: https://www.kleinstocklaw.com/pslra-1/spirit-lawsuit-loss-submission-form?id=39900&from=1

Virtu Financial, Inc. (NASDAQ:VIRT)
Class Period: March 1, 2019 - April 28, 2023
Lead Plaintiff Deadline: July 18, 2023

The complaint alleges that throughout the class period Virtu Financial, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) the Company maintained deficient policies and procedures with respect to its information access barriers; (ii) accordingly, Virtu had overstated the Company's operational and technological efficacy as well as its capacity to block the exchange of confidential information between departments or individuals within the Company; (iii) the foregoing deficiencies increased the likelihood that the Company would be subject to enhanced regulatory scrutiny; and (iv) as a result, defendants' public statements were materially false and/or misleading at all relevant times.

Learn about your recoverable losses in VIRT: https://www.kleinstocklaw.com/pslra-1/virtu-lawsuit-loss-submission-form?id=39900&from=1

Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
535 Fifth Avenue
4th Floor
New York City, NY 10017
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE : The Klein Law Firm

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