3D Systems Stock: Berger Montague Investigates Potential Securities Fraud Claims Against 3D Systems Corp. (DDD); Lead Plaintiff Deadline is June 8, 2021

May 12, 2021 2:55 PM EDT | Source: Berger Montague

Philadelphia, Pennsylvania--(Newsfile Corp. - May 12, 2021) - Berger Montague announces its investigation into potential securities fraud claims against 3D Systems Corp. ("3D Systems" or the "Company"). The Firm is investigating the fraud claims on behalf of investors who purchased 3D Systems securities (NYSE: DDD) between May 6, 2020 and March 1, 2021 (the "Class Period").

If you purchased 3D Systems securities during the Class Period, would like to discuss Berger Montague's investigation, or have questions concerning your rights or interests, please contact attorneys Andrew Abramowitz at aabramowitz@bm.net or (215) 875-3015, or Donnell Much at dmuch@bm.net or (215) 875-4667, or contact us at www.bergermontague.com/3d-systems.

Whistleblowers: Persons with non-public information regarding 3D Systems are encouraged to confidentially assist Berger Montague's investigation or take advantage of the SEC Whistleblower program. Under this program, whistleblowers who provide original information may receive rewards totaling up to thirty percent (30%) of recoveries obtained by the SEC. For more information, contact us.

3D Systems provides comprehensive 3D printing and digital manufacturing solutions. According to recently filed lawsuits, on March 1, 2021, 3D Systems announced that the filing of its Form 10-K Annual Report for fiscal year 2020 would be delayed. The delay was "primarily related to the presentation of cash flows associated with the divestiture process for its Cimatron and GibbsCam software businesses."

Importantly, 3D Systems stated that "the Company will report material weaknesses in internal controls in its fiscal 2020 Annual Report on Form 10-K." On this news, the Company's stock price fell $7.62 per share - more than 19.6% - from a closing price of $38.79 per share on March 1, 2021 to $31.17 per share on March 2.

If you purchased 3D Systems securities during the Class Period, you may seek Court appointment as lead plaintiff to represent other injured investors in a class action. The lead plaintiff appointment deadline is June 8, 2021. You do not need to be a lead plaintiff to share in any potential Class recovery.

Berger Montague, with offices in Philadelphia, Minneapolis, Washington, D.C., and San Diego, has been a pioneer in securities class action litigation since its founding in 1970. Berger Montague has represented individual and institutional investors for over five decades and serves as lead counsel in courts throughout the United States.

Contacts

Andrew Abramowitz, Senior Counsel
Berger Montague
(215) 875-3015
aabramowitz@bm.net

Donnell Much, Associate
Berger Montague
(215) 875-4667
dmuch@bm.net

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/83829

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