Tostrud Law Group, PC announces an investigation on behalf Brooks Automation, Inc. (“Brooks Automation” or the “Company”) (NASDAQ: BRKS) investors concerning the Company and its officers’ possible violations of federal securities laws.

On December 2, 2019, Brooks Automation disclosed that it could not timely file its fiscal 2019 annual report due to a review of revenue recognition with respect to products in its Semiconductor Solution Group and similar transactions. The Company also revealed that it would report a material weakness in the financial reporting of the Brooks Life Sciences segment related to price and quantity of certain billings.

On this news, Brooks Automation’s share price fell $3.16 per share, or 7.06%, to close at $41.61 per share on December 2, 2019, thereby injuring investors.

If you purchased Brooks Automation securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Jon A. Tostrud of Tostrud Law Group, PC by telephone at (310) 278-2600, toll-free at (855) 854-8678, or by email to shareholder@tostrudlaw.com, or visit our website at http://tostrudlaw.com/.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

Tostrud Law Group, PC

Jon A. Tostrud, Esquire

1925 Century Park East, Suite 2100

Los Angeles, CA 90067 
310-278-2600

855-854-8678
shareholder@tostrudlaw.com
http://tostrudlaw.com/

Tostrud Law Group, PC announces an investigation on behalf of Sterling Bancorp, Inc.  (“Sterling Bancorp” or the “Company”) (NASDAQ: SBT) investors concerning the Company and its officers’ possible violations of federal securities laws.

On December 9, 2019, Sterling Bancorp disclosed that its subsidiary, Sterling Bank and Trust, FSB, suspended its Advantage Loan program due to an ongoing internal review of documentation on past loans and due to an implementation of “systems and controls to ensure the Bank’s policies and procedures are followed on loans originated under the program.”

On this news, the Company’s stock price fell $2.16, or nearly 23%, to close at $7.29 per share on December 9, 2019, thereby injuring investors. 

If you purchased Sterling Bancorp securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Jon A. Tostrud of Tostrud Law Group, PC by telephone at (310) 278-2600, toll-free at (855) 854-8678, or by email to shareholder@tostrudlaw.com, or visit our website at http://tostrudlaw.com/.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

Tostrud Law Group, PC

Jon A. Tostrud, Esquire

1925 Century Park East, Suite 2100

Los Angeles, CA 90067 
310-278-2600

855-854-8678
shareholder@tostrudlaw.com
http://tostrudlaw.com/

Tostrud Law Group, PC announces an investigation on behalf of Harsco Corporation (“Harsco” or the “Company”) (NYSE: HSC) investors concerning the Company and its officers’ possible violations of federal securities laws.

On January 23, 2020, after the market closed, Harsco announced preliminary fourth quarter 2019 financial results, expecting approximately $400 million revenue. The Company also expected adjusted operating income of approximately $31 million, below prior guidance in the range of $53 million to $58 million, citing “operational challenges following the consolidation of Rail’s North American manufacturing into a single facility in South Carolina,” among other things.

On this news, the Company’s share price fell $3.64, or nearly 19%, to close at $15.80 per share on January 24, 2020, thereby injuring investors.

If you purchased Harsco securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Jon A. Tostrud of Tostrud Law Group, PC by telephone at (310) 278-2600, toll-free at (855) 854-8678, or by email to shareholder@tostrudlaw.com, or visit our website at http://tostrudlaw.com/.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

Tostrud Law Group, PC

Jon A. Tostrud, Esquire

1925 Century Park East, Suite 2100

Los Angeles, CA 90067 
310-278-2600

855-854-8678
shareholder@tostrudlaw.com
http://tostrudlaw.com/

Tostrud Law Group, PC announces an investigation on behalf of Hanmi Financial Corporation (“Hanmi” or the “Company”) (NASDAQ: HAFC) investors concerning the Company and its officers’ possible violations of federal securities laws.

On January 28, 2020, Hanmi issued a press release announcing the Company’s financial results for the 2019 fiscal fourth quarter. Therein, Hanmi reported net income of $3.1 million for fourth quarter 2019, which included “a $6.9 million specific provision for loan and lease losses related to [a] previously identified $39.7 million troubled loan relationship.” According to Hanmi’s President and Chief Executive Officer Bonnie Lee, “[w]ith the loans comprising this relationship maturing on December 31, 2019, [Hanmi] received current appraisals on the personal property securing the relationship and ha[s] provided for a specific allowance at the lower range of the appraised values.”

On this news, the Company’s share price fell $1.77, or over 9%, to close at $16.99 per share on January 29, 2020, on usually heavy trading volume.

If you purchased Hanmi securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Jon A. Tostrud of Tostrud Law Group, PC by telephone at (310) 278-2600, toll-free at (855) 854-8678, or by email to shareholder@tostrudlaw.com, or visit our website at http://tostrudlaw.com/.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

Tostrud Law Group, PC

Jon A. Tostrud, Esquire

1925 Century Park East, Suite 2100

Los Angeles, CA 90067 
310-278-2600

855-854-8678
shareholder@tostrudlaw.com
http://tostrudlaw.com/

Tostrud Law Group, PC announces an investigation on behalf of Nordstrom Inc. (“Nordstrom” or the “Company”) (NYSE: JWN) investors concerning the Company and its officers’ possible violations of federal securities laws.

On November 15, 2018, the Company disclosed an estimated charge of $72 million resulting “from some delinquent Nordstrom credit card accounts being charged higher interest in error.”

On this news, Nordstrom’s share price fell $8.06, more than 13%, to close at $50.93 per share on November 16, 2018, thereby injuring investors.

If you purchased Nordstrom securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Jon A. Tostrud of Tostrud Law Group, PC by telephone at (310) 278-2600, toll-free at (855) 854-8678, or by email to shareholder@tostrudlaw.com, or visit our website at http://tostrudlaw.com/.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

Tostrud Law Group, PC

Jon A. Tostrud, Esquire

1925 Century Park East, Suite 2100

Los Angeles, CA 90067 
310-278-2600

855-854-8678
shareholder@tostrudlaw.com
http://tostrudlaw.com/