January 3 Deadline Alert: Law Offices of Howard G. Smith Reminds Supreme Industries Inc. Investors of Upcoming Lead Plaintiff...

Law Offices of Howard G. Smith reminds investors of the upcoming January 3, 2017 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased Supreme Industries, Inc. (“Supreme” or the “Company”) (NYSE: STS) securities between July 22, 2016 and October 21, 2016, inclusive (the “Class Period”). Supreme investors have until January 3, 2017 to file a lead plaintiff motion.

Supreme manufactures and distributes custom built trucks and vehicles for private and government use. According to the Complaint filed in this lawsuit, throughout the Class Period Defendants made false and/or misleading concerning its backlog figures and future profitability. Specifically, the complaint alleges that Supreme failed to advise investors regarding its declining backlog and that: (1) the backlog figure from the third quarter of 2015 was a result of the timing of several large orders placed in that quarter; (2) the backlog figure for the third quarter of 2016 would not be close to the backlog figure of the third quarter of 2015; and (3) as a result, Defendants’ public statements about Supreme Industries’ business, operations and prospects were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damage.

If you purchased Supreme shares, you may move the Court no later than January 3, 2017 to request appointment as lead plaintiff. To be a member of the class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at [phone], toll-free at [phone], or by email to [e-mail], or visit our website at http://www.howardsmithlaw.com.

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

View source version on businesswire.com: http://www.businesswire.com/news/home/20161223005325/en/

Law Offices of Howard G. SmithHoward G. Smith, [e-mail]