San Diego, CA -- (SBWire) -- 01/30/2017 --An investigation on behalf of investors of Pearson PLC (ADR) (NYSE:PSO) shares over potential securities laws violations by Pearson PLC in connection certain financial statements was announced.
Investors who purchased shares of Pearson PLC (ADR) (NYSE:PSO), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.
The investigation by a law firm focuses on whether a series of statements by Pearson PLC regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On January 18, 2017, Pearson PLC revealed that its initial projections about its U.S. educational business had been too optimistic and students were not likely to purchase their products when more affordable alternatives are available. Pearson PLC said that this has resulted in an excess of unsold products and Pearson PLC also noted that a dividend cut would be coming in 2017.
Shares of Pearson PLC (ADR) (NYSE:PSO) declined to as low as $7.04 per share on January 18, 2017.
On January 27, 2017, NYSE:PSO shares closed at $7.60 per share.
Those who purchased shares of Pearson PLC (ADR) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
Pearson PLC (ADR) (NYSE:PSO) Shareholder Notice: Investigation over Possible Violations of Securities Laws
An investigation for investors in NYSE:PSO shares over potential securities laws violations by Pearson PLC was announced and NYSE:PSO stockholders should contact the Shareholders Foundation.