Shareholders Foundation, Inc.

Deadline Upcoming in $1.5 Million Settlement in the Quiksilver Inc (NYSE:ZQK) Investor Lawsuit

A settlement was reached with the defendants in the lawsuit filed on behalf of certain investors of Quiksilver Inc (NYSE:ZQK) over alleged securities laws violations and a deadline to submit the settlement claim is upcoming on May 10, 2017 and NYSE:ZQK investors should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 04/25/2017 -- The Shareholders Foundation announces that a deadline is coming up on May 10, 2017 in the settlement reached in the securities class action lawsuit filed on behalf of investors who purchased shares of Quiksilver Inc (NYSE:ZQK) between June 6, 2014 and March 26, 2015.

Investors who purchased a significant amount of shares of Quiksilver Inc (NYSE:ZQK) between June 6, 2014 and March 26, 2015, have certain options and should contact the Shareholders Foundation by email at mail@shareholdersfoundation.com or call 858-779-1554.

The settlement proof of claim form or detailed settlement notice for the settlement in the Quiksilver Inc (NYSE:ZQK) Investor Securities Class Action Lawsuit can be downloaded at: http://shareholdersfoundation.com/case/quiksilver-inc-nyse-zqk-investor-securities-class-action-lawsuit-04022015

In order to submit a claim an investor has to submit the claim proof to the class action claim administrator in a timely manner. The deadline to submit the proof with the class administrator is May 10, 2017. The class action administrator for this case is Quiksilver Securities Litigation.

The lawsuit was originally filed in the U.S. District Court for the Central District of California against Quiksilver Inc over alleged violations of Federal Securities Laws in connection with certain allegedly false and misleading statements made between June 6, 2014 and March 26, 2015. According to the complaint the plaintiff alleges on behalf of purchasers of Quiksilver Inc (NYSE:ZQK) common shares between June 6, 2014 and March 26, 2015, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that Quiksilver Inc made allegedly false and/or misleading statements and/or failed to disclose that Quiksilver Inc lacked adequate internal controls over financial reporting and that as a result of the foregoing, Quiksilver Inc's financial statements were materially false and misleading at all relevant times.

Those who purchased shares of Quiksilver Inc (NYSE:ZQK) 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