Cases
Mattel, Inc. (MAT)
Securities Class Action
Overview
Overview
- Date:
- 8/14/2019
- Company Name:
- Mattel, Inc.
- Stock Symbol:
- MAT
- Status:
- Closed/Complete
NEW YORK, August 14, 2019 – Bragar Eagel and Squire is investigating certain officers and directors of Mattel, Inc. (NASDAQ: MAT) following a class action complaint that was filed against Mattel on March 6, 2019.
The complaint filed alleges that throughout the class period defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the company's business, operations, and prospects. Specifically, defendants failed to disclose to investors: (1) that demand for the company's products, including Barbie and Hot Wheels, was declining; (2) that the company had an excess of product supply; and (3) that, as a result of the foregoing, defendants' positive statements about the company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.
If you purchased or otherwise acquired Mattel shares, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
The complaint filed alleges that throughout the class period defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the company's business, operations, and prospects. Specifically, defendants failed to disclose to investors: (1) that demand for the company's products, including Barbie and Hot Wheels, was declining; (2) that the company had an excess of product supply; and (3) that, as a result of the foregoing, defendants' positive statements about the company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.
If you purchased or otherwise acquired Mattel shares, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.