NEW ORLEANS, June 30, 2017 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until August 14, 2017 to file lead plaintiff applications in a securities class action lawsuit against FleetCor Technologies, Inc. (NYSE:FLT), if they purchased the Company’s securities between February 5, 2016 through May 2, 2017, inclusive (the “Class Period”). This action is pending in the United States District Court for the Northern District of Georgia.
FleetCor investors should visit us at https://www.claimsfiler.com/cases/view-fleetcor-technologies-inc-securities-litigation or call to speak to our claim center toll-free at (844) 367-9658.
About the Lawsuit
FleetCor and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
The alleged false and misleading statements and omissions include, but are not limited to, that: (i) the Company’s growth and earnings were the result of overbilling its customers; (ii) it utilized deceptive marketing materials; (iii) it utilized other predatory sales schemes including, but not limited to, failing to clearly disclose its contractual fees; and (iv) as a result of the foregoing, FleetCor’s financial statements were materially false and misleading at all relevant times.
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