Qurate

Practice Area: 
Stock Symbol: 
QRTEA
Case Status: 
Recent Cases
Class Period: 
August 5, 2015 to September 7, 2016
Motion Deadline: 
November 5, 2018

Ademi & O’Reilly, LLP reminds investors in Qurate Retail, Inc. (QRTEA) of the lead plaintiff deadline of November 5, 2018.

The lawsuit alleges that Qurate made false and misleading statements about the credit standards Quorate used in its Easy-Pay program in order to attract a large group of new customers and improve sales growth.

As a result of these false and misleading statements, the price of Quorate shares was inflated before falling 21% on August 5 to close at $20.61 on August 5, 2016.