Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney
General of Louisiana, Charles C. Foti, Jr., remind investors that they
have until August 14, 2015 to file lead plaintiff applications in
a securities class action lawsuit against 3D Systems Corporation (NYSE:
DDD) if they purchased the Company’s securities between October 29, 2013
and October 22, 2014, inclusive (the “Class Period”), including
purchasers in the Company’s Secondary Offering on May 29, 2014. This
action is pending in the United States District Court for the District
of South Carolina.
What You May Do
If you purchased shares of 3D Systems and would like to discuss your
legal rights and how this case might affect you and your right to
recover for your economic loss, you may, without obligation or cost to
you, call toll-free at 1-877-515-1850 or email KSF Managing Partner
Lewis Kahn (email@example.com).
If you wish to serve as a lead plaintiff in this class action, you must
petition the Court by August 14, 2015.
About the Lawsuit
3D Systems and certain of its executives are charged with failing to
disclose material information during the Class Period, violating federal
The alleged false statements and omissions include, but are not limited
to: (i) 3D Systems’ ability to increase capacity; (ii) the true demand
for the Company’s products; (iii) the value of its acquisitions; and
(iv) the Company’s expected earnings.
On October 22, 2014, 3D Systems announced disappointing preliminary
results for the third quarter and lowered its guidance for the full
year, stating that the poor results were due to capacity constraints.
On this news, the price of 3D Systems’ shares plummeted by over 15%.
About Kahn Swick & Foti, LLC
To learn more about KSF, whose partners include the Former Louisiana
Attorney General, Charles C. Foti, Jr., and other lawyers with
significant experience litigating complex securities class actions
nationwide on behalf of both institutional and individual shareholders,
you may visit www.ksfcounsel.com.
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