Deadline Upcoming in $2.1 Million Settlement in the PTC Inc (NASDAQ:PTC) Investor Lawsuit

A settlement was reached with the defendants in the lawsuit filed on behalf of certain investors of PTC Inc (NASDAQ:PTC) over alleged securities laws violations and a deadline to submit the settlement claim is upcoming on May 30, 2017 and NASDAQ:PTC investors should contact the Shareholders Foundation.

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San Diego, CA -- (SBWire) -- 05/02/2017 --The Shareholders Foundation announces that a deadline is coming up on May 30, 2017 in the settlement reached in the securities class action lawsuit filed on behalf of investors who purchased shares of PTC Inc (NASDAQ:PTC) between November 24, 2011 and July 29, 2015.

Investors who purchased a significant amount of shares of PTC Inc (NASDAQ:PTC)between November 24, 2011 and July 29, 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 PTC Inc (NASDAQ:PTC) Investor Securities Class Action Lawsuit can be downloaded at: http://shareholdersfoundation.com/case/ptc-inc-nasdaq-ptc-investor-securities-class-action-lawsuit-03072016

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 30, 2017. The class action administrator for this case is Strategic Claims Services.

The lawsuit was originally filed in the U.S. District Court for the District of Massachusetts over alleged violations of Federal Securities Laws by PTC Inc in connection with certain allegedly false and misleading statements made between November 24, 2011 and July 29, 2015. According to the complaint the plaintiff alleges on behalf of purchasers of PTC Inc (NASDAQ:PTC) common shares between November 24, 2011 and July 29, 2015, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between November 24, 2011 and July 29, 2015 the defendants issued false and misleading statements to investors and/or failed to disclose that PTC Inc did not disclose to the SEC and the DOJ the full results of its investigation into whether PTC China improperly provided recreational travel to Chinese government officials in violation of the FCPA, that PTC Inc was not cooperating with the SEC and the DOJ in connection with their investigations into whether PTC China improperly provided recreational travel to Chinese government officials in violation of the FCPA, that PTC Inc's books and records were inaccurate and PTC Inc failed to maintain adequate internal accounting controls, and that as a result, PTC Inc's public statements were materially false and misleading at all relevant times.

Those who purchased shares of PTC Inc 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

Media Relations Contact

Michael Daniels
General Manager
Shareholders Foundation
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/801488