Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  Groupon Inc    GRPN

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Groupon Inc : Glancy Binkow & Goldberg LLP Announces Lead Plaintiff Deadline in the Class Action Lawsuit Against Groupon, Inc.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/15/2013 | 02:50am CEST

Glancy Binkow & Goldberg LLP announces that all purchasers of the common stock of Groupon, Inc. ("Groupon" or the "Company") (NASDAQ:GRPN) between May 14, 2012 and November 8, 2012, inclusive (the "Class Period"), have until February 19, 2013 to file a motion with the Court to be appointed as lead plaintiff. The securities fraud class action lawsuit was filed in the United States District Court for the Northern District of Illinois.

Groupon operates as a local commerce marketplace that connects merchants to consumers by offering goods and services at a discount in North America and internationally. The Complaint alleges that throughout the Class Period the defendants issued materially false and misleading statements regarding the Company's business and financial prospects. Specifically, defendants misrepresented and/or failed to disclose that: (1) an increasing share of the Company's revenue growth was being derived from its non-core, lower-margin Groupon Goods business; (2) the Company's business growth was not as robust as represented; and (3) the Company's revenue mix was shifting in a manner that would lead to lower margins.

If you purchased Groupon common stock between May 14, 2012 and November 8, 2012, you may move the Court no later than February 19, 2013 to serve as lead plaintiff; however, you must meet certain legal requirements. To be a member of the Class you need not take action at this time; you may retain counsel of your choice or take no action and remain an absent Class member. To learn more about this action, or if you have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Michael Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, by telephone at (310) 201-9150, Toll Free at (888) 773-9224, by e-mail to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com.

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

Glancy Binkow & Goldberg LLP, Los Angeles, CA
Michael Goldberg
310-201-9150 or 888-773-9224
shareholders@glancylaw.com
www.glancylaw.com


© Business Wire 2013
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on GROUPON INC
07/24 GROUPON : Employees Volunteered More than 5,300 Hours Last Month in Their Local ..
07/21 GROUPON : 'Girls Trip's' breakout star Tiffany Haddish got high and drove Will a..
07/20 GROUPON : Wholesale Jewelry Distributor Charged in Multi-Million Dollar Fraud Sc..
07/20 GROUPON : Names Aaron Cooper as President of North America
07/17 GROUPON : to Webcast Second Quarter 2017 Financial Results Conference Call
07/07 GROUPON : CouponLeak.com Aims to Add 1000 New Stores This Year
07/03 GROUPON INC : Today's Research Reports on Trending Tickers: Groupon and Mattel
06/21 LOOKING GOOD ISN'T CHEAP : Groupon Finds People Will Spend Almost a Quarter of a..
06/21 LOOKING GOOD ISN’T CHEAP : Groupon Finds People Will Spend Almost a Quarte..
06/19 GROUPON : Parents cutting back to save for summer break
More news
News from SeekingAlpha
07/24 Groupon Should Still Have A Place In Your Long-Term Portfolio
07/21 Groupon -1.8% as BofA restarts at Underperform
07/18 GROUPON : Earnings Prediction
07/18 Tableau Software Is On Fire - Cramer's Lightning Round (7/17/17)
07/15 A Recipe For Disaster
Financials ($)
Sales 2017 2 900 M
EBIT 2017 87,4 M
Net income 2017 -59,9 M
Finance 2017 667 M
Yield 2017 -
P/E ratio 2017 -
P/E ratio 2018 341,67
EV / Sales 2017 0,48x
EV / Sales 2018 0,36x
Capitalization 2 070 M
Chart GROUPON INC
Duration : Period :
Groupon Inc Technical Analysis Chart | GRPN | US3994731079 | 4-Traders
Technical analysis trends GROUPON INC
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 17
Average target price 4,19 $
Spread / Average Target 14%
EPS Revisions
Managers
NameTitle
Richard Williams Chief Executive Officer & Director
Eric Paul Lefkofsky Chairman
Michael O. Randolfi Chief Financial Officer
Peter J. Barris Independent Director
Bradley A. Keywell Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
GROUPON INC11.14%2 070
COSTCO WHOLESALE CORPORATION-4.33%66 228
TJX COMPANIES INC-8.56%43 035
WAL-MART DE MEXICO S A B DE C V12.66%41 309
TARGET CORPORATION-23.72%29 820
DOLLAR GENERAL CORP.-0.68%19 739