NEW
YORK, March 8, 2023 /PRNewswire/ -- The Gross
Law Firm issues the following notice to shareholders of
International Business Machines Corporation.
Shareholders who purchased shares of IBM during the class period
listed are encouraged to contact the firm regarding possible lead
plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/international-business-machines-corporation-loss-submission-form-2/?id=37073&from=4
CLASS PERIOD: January 18,
2018 to October 16, 2018
ALLEGATIONS: The complaint alleges that during the class
period, Defendants issued materially false and/or misleading
statements and/or failed to disclose that: (i) Strategic
Imperatives Revenue growth, CAMSS (the distinct components of
"Cloud," "Analytics," "Mobile," "Security," and "Social") and CAMSS
Components' revenue growth, and the Company's Segments' revenue
growth were artificially inflated as a result of the wrongful
reclassification/misclassification of revenues from non-strategic
to strategic to make those revenues eligible for treatment as
Strategic Imperatives Revenue; and (ii) IBM was materially less
successful in growing its Strategic Imperative business, reporting
materially higher growth than it actually achieved only by
wrongfully reclassifying and misclassifying revenue from
non-strategic to strategic thereby reporting publicly materially
false Strategic Imperative Revenue.
DEADLINE: March 14, 2023
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/international-business-machines-corporation-loss-submission-form-2/?id=37073&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of IBM during the timeframe listed
above, you will be enrolled in a portfolio monitoring software to
provide you with status updates throughout the lifecycle of the
case. The deadline to seek to be a lead plaintiff is March 14, 2023. There is no cost or obligation to
you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law Firm is
committed to ensuring that companies adhere to responsible business
practices and engage in good corporate citizenship. The firm seeks
recovery on behalf of investors who incurred losses when false
and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm