SAN DIEGO, Aug. 4, 2016 /PRNewswire/ -- Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating potential violations of the federal and state securities laws by 3D Systems Corporation (NYSE: DDD) and certain of its officers and board members. 3D Systems provides 3D printing products and services worldwide.
Specifically, a court issued a ruling denying a motion to dismiss for a class action suit filed against 3D Systems. The class action alleges that the Company issued materially false and misleading statements regarding: (a) the Company's ability to increase the capacity of its metal printing business; (b) demand for its consumer products; (c) the value of multiple companies it was acquiring; and (d) the Company's expected earnings. The allegedly materially false and misleading announcement about the 3D printing company's prospects led its shares to be traded at artificially inflated prices, according to the class action suit.
If you are a long term shareholder, continuously holding shares before November 2013, you may have standing to hold 3D Systems harmless from the damage the officers and directors caused by making them personally responsible. You may also be able to assist in reforming the Company's corporate governance.
If you are a long term shareholder of 3D Systems and wish to discuss your rights, please contact Jim Baker (email@example.com) by email or by phone at 619-814-4471.
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.
Johnson & Weaver, LLP
Jim Baker, 619-814-4471
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SOURCE Johnson & Weaver, LLP