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REV Group, Inc.

Company NameREV Group, Inc.
Stock SymbolREVG
Class PeriodJanuary 27, 2017 to June 07, 2018
Lead Plaintiff Motion DeadlineAugust 07, 2018

The complaint filed in this class action alleges that throughout the Class Period and/or in the Company’s offering documents, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose: (1) that the Company was experiencing cost inflation across many of the commodities and services it bought; (2) that the Company was experiencing difficulty obtaining the chassis necessary for production; (3) that the Company’s margins were being negatively impacted by a lower sales of high margin products, including custom fire apparatus, large commercial buses, and Class A RVs; (4) that the Company did not have “strong visibility into future net sales” to “effectively plan” and manage its backlog of vehicles; (5) that the Company’s manufacturing operations were not operating efficiently or at a low cost to satisfy customer demand; and (6) that, as a result of the foregoing, Defendants’ statements about REV’s business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.

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