CLASS ACTION UPDATE for QRTEA and PM: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

NEW YORK, Sept. 20, 2018 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the links provided. There is no cost or obligation to you.

Qurate Retail Group, Inc. (NASDAQ: QRTEA)
Class Period: August 5, 2015 - September 7, 2016
Lead Plaintiff Deadline: November 5, 2018
Join the action: https://www.zlk.com/pslra-1/qurate-retail-group-inc-loss-form?wire=3

The lawsuit alleges: Qurate Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Qurate was aggressively loosening the credit standards of its Easy-Pay program to attract a large group of new customers; (2) Qurate’s strong sales growth was due to this loose credit policy; (3) accounts receivable associated with this new group of customers posed a high risk of write-off; and (4) consequently, Qurate’s positive statements about its business, operations, and prospects lacked a reasonable basis.

To learn more about the Qurate Retail Group, Inc. class action contact jlevi@levikorsinsky.com.

Philip Morris International , Inc. (NYSE: PM)
Class Period: February 8, 2018 - April 18, 2018
Lead Plaintiff Deadline: November 5, 2018
Join the action: https://www.zlk.com/pslra-1/philip-morris-international-inc-loss-form?wire=3

The lawsuit alleges that, during the class period, Philip Morris International made materially false and/or misleading statements and/or failed to disclose that: (1) Philip Morris International was experiencing a faster decline in overall cigarette and e-cigarette (or “heated tobacco”) sales volumes during the first quarter of 2018 than investors had been led to believe; (2) Philip Morris International ’ much-lauded sales initiatives had stalled; (3) Philip Morris International was experiencing adverse sales headwinds in key markets; and (4) as a result of the foregoing, defendants’ statements about Philip Morris International ’ business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.

To learn more about the Philip Morris International , Inc. class action contact jlevi@levikorsinsky.com.

You have until the lead plaintiff deadlines to request the court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com