The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of TSE, FRC and DIS

NEW YORK, NY / ACCESSWIRE / May 19, 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.

Trinseo PLC (NYSE:TSE)
Class Period: May 3, 2021 - March 27, 2023
Lead Plaintiff Deadline: June 20, 2023

According to the complaint, Trinseo PLC allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) the Company's Bristol, Pennsylvania plant had a troubled safety record while under prior ownership and continued to be unsafe after the Company acquired it; (2) defendants did not sufficiently disclose specific risks related to conducting operations at that plant; (3) operating a chemical plant with an unsafe history and presently unsafe operations exposed the Company to a heightened risk of a chemical spill or other adverse events; and (4) as a result, defendants statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times.

Learn about your recoverable losses in TSE: https://www.kleinstocklaw.com/pslra-1/trinseo-plc-lawsuit-loss-submission-form?id=39698&from=1

First Republic Bank (NYSE:FRC)
Class Period: January 14, 2021 - March 14, 2023
Lead Plaintiff Deadline: June 23, 2023

According to the complaint, Defendants misrepresented the strength of the Company's balance sheet and liquidity position, while also understating the significant pressure rising interest rates posed to First Republic's business model. Defendants also misrepresented the strength of the Company's ability to deliver consistent results across different interest rate environments, the diversity of the Company's deposit funding base, and the Company's ability to generate net interest income ("NII") growth and maintain stable net interest margin ("NIM").

Learn about your recoverable losses in FRC: https://www.kleinstocklaw.com/pslra-1/first-republic-lawsuit-loss-submission-form?id=39698&from=1

The Walt Disney Company (NYSE:DIS)
Class Period: December 10, 2020 - November 8, 2022
Lead Plaintiff Deadline: July 11, 2023

The DIS lawsuit alleges that throughout the class period, The Walt Disney Company made materially false and/or misleading statements and/or failed to disclose that: (a) Disney+ was suffering decelerating subscriber growth, losses, and cost overruns; (b) the true costs incurred in connection with Disney+ had been concealed by Disney executives by debuting certain content intended for Disney+ initially on Disney's legacy distribution channels and then making the shows available on Disney+ thereafter in order to improperly shift costs out of the Disney+ segment; (c) Disney Media and Entertainment Distribution had made platform distribution decisions based not on consumer preference, consumer behavior, or the desire to maximize the size of the audience for the content as represented, but based on the desire to hide the full costs of building Disney+'s content library; (d) the Company was not on track to achieve its 2024 Disney+ paid global subscriber and profitability targets, that such targets were not achievable, and that such estimates lacked a reasonable basis in fact; and (e) as a result of (a)-(d) above, defendants had materially misrepresented the actual performance of Disney+, the sustainability of Disney+'s historical growth trends, the profitability of Disney+, and the likelihood that Disney could achieve its 2024 Disney+ subscriber and profitability targets.

Learn about your recoverable losses in DIS: https://www.kleinstocklaw.com/pslra-1/disney-lawsuit-loss-submission-form?id=39698&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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