Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

DEADLINE Wednesday: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Leidos Holdings, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

05/05/2021 | 02:42am EDT

LOS ANGELES, May 5, 2021 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Leidos Holdings, Inc. ("Leidos" or "the Company") (NYSE: LDOS) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between May 4, 2020 and February 23, 2021, inclusive (the ''Class Period''), are encouraged to contact the firm before May 5, 2021.   

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Leidos significantly overstated the purported benefits of its acquisition of L3Harris' Security Detection & Automation businesses. The Company's products suffered from multiple defects, including faulty bomb detection systems installed at critical infrastructure points including airports and ports. The Company's financial results were significantly overstated as a result. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Leidos, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.


The Schall Law Firm
Brian Schall, Esq.,
Office: 310-301-3335


View original content to download multimedia:http://www.prnewswire.com/news-releases/deadline-wednesday-the-schall-law-firm-reminds-investors-of-a-class-action-lawsuit-against-leidos-holdings-inc-and-encourages-investors-with-losses-in-excess-of-100-000-to-contact-the-firm-301284067.html

SOURCE The Schall Law Firm

ę PRNewswire 2021
All news about LEIDOS HOLDINGS, INC.
06/15INSIDER TRENDS : Leidos Holdings Insider Sale Interrupting 90-Day Buy Trend
06/14LEIDOS HOLDINGS, INC. : Ex-dividend day for
06/11LEIDOSá : Morgan Stanley Adjusts Price Target on Leidos Holdings to $109 From $1..
06/11LEIDOSá : Partners Selected to Enter Final Phase of US Special Operations Comman..
06/11LEIDOS PARAMOUNTAND VERTEX AEROSPACE : Leidos, Paramount USA and Vertex Aerospac..
06/07INSIDER TRENDS : Insider at Leidos Holdings Acquires Stock Via Option/Derivative..
06/07INSIDER TRENDS : Insider at Leidos Holdings Acquires Stock Via Conversion of Opt..
06/04LEIDOSá : climbs the Fortune 500
06/03Leidos Secures Contract in Next Phase of US Special Operations Command's Airc..
06/03LEIDOSá : U.S. Special Operations Command advances Leidos' Bronco II aircraft to..
More news