SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in 3D Systems Corporation of Class Action Lawsuit and Upcoming Deadline

NEW YORK, May 2, 2021 / PRNewswire / – Pomerantz LLP announces that a class action lawsuit has been filed against 3D Systems Corporation (“3D Systems” or the “Company”) (NYSE: DDD) and some of its officers. The class action lawsuit filed in The United States District Court for the Eastern District of new Yorkand registered at 21-cv-02383 is on behalf of a class consisting of all persons and entities, other than Defendants, who have purchased or otherwise acquired the publicly traded securities of 3D Systems from May 7, 2020 to March 1, 2021 (the “Class Period”). Plaintiff is seeking damages caused by Defendants violating the federal securities laws under the Securities Exchange Act of 1934 (the “Exchange Act”).

If you are a shareholder who purchased 3D Systems securities during the class period, you have up June 8, 2021 ask the court to appoint you as the lead plaintiff for the class. A copy of the complaint is available at www.pomerantzlaw.com. To discuss this action, please contact Robert S. Willoughby at the [email protected] or 888.476.6529 (or 888.4-POMLAW), toll free, ext. 7980. Those inquiring by email are asked to provide their postal address, telephone number, and the number of shares purchased.

[Click here for information about joining the class action]

3D Systems provides comprehensive 3D printing and digital manufacturing solutions, including plastics and metals 3D printers, materials, software, on-demand manufacturing services, and digital design tools.

The complaint alleges that throughout the class period, defendants made materially false and misleading statements about the company’s business. In particular, Defendants made false and / or misleading statements and / or failed to disclose that: (i) 3D systems did not have proper internal control over financial reporting; and (ii) as a result, 3D Systems’ public statements have been materially false and / or misleading at all relevant times.

On March 1, 20213D Systems issued a press release announcing a delay in filing the company’s 10K annual report for the past fiscal year December 31, 2020noting that “the filing delay is primarily related to the presentation of cash flows related to the divestment process for the software businesses of Cimatron and GibbsCam,” while the company has “discovered certain internal control deficiencies” and “significant weaknesses will report “in internal controls in its 2020 annual report on Form 10-K. “

On March 2, 20213D Systems filed a Form NT 10-K with the Securities and Exchange Commission, indicating that the company’s 10-K filing would be delayed for reasons stated by the Securities and Exchange Commission March 1, 2021 Press release.

In the news, 3D Systems’ share price fell $ 7.62 per share or more than 19.6% upon completion $ 38.79 per share on March 1, 2021 to close at $ 31.17 per share on March 2, 2021, harmful investors.

The Pomerantz company with offices in new York, Chicago, The angel, and Paris is recognized as a leader in corporate, securities and antitrust litigation. Established by the late Abraham L. PomerantzPomerantz, known as the dean of class action, pioneered class action lawsuits. Today, more than 80 years later, the Pomerantz company continues its tradition of fighting for the rights of victims of securities fraud, fiduciary violations and corporate misconduct. The company has reclaimed numerous millions of dollars in damages on behalf of class members. See www.pomerantzlaw.com

CONTACT:
Robert S. Willoughby
Pomerantz LLP
[email protected]
888-476-6529 ext. 7980

SOURCE Pomerantz LLP

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