REV Group, Inc. (REVG) Loss Submission Form

The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of REV Group, Inc. (NYSE: REVG) who purchased shares (1) pursuant to the initial public offering on or around January 27, 2017 and/or (2) between January 27, 2017 and June 7, 2018. The action, which was filed in the United States District Court for the Central District of California, alleges that the Company violated federal securities laws.

In particular, the complaint alleges that throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to disclose that (1) the Company was experiencing cost inflation across many of the commodities and services it bought; (2) the Company was experiencing difficulty obtaining the chassis necessary for production; (3) the Company’s margins were being negatively impacted by a lower sales of high margin products; (4) the Company did not have “strong visibility into future net sales” to “effectively plan” and manage its backlog of vehicles; (5) the Company’s manufacturing operations were not operating efficiently or at a low cost to satisfy customer demand; and (6) 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.

Shareholders have until August 7, 2018 to petition the court for lead plaintiff status. Your ability to share in any recovery does not require that you serve as lead plaintiff. You may choose to be an absent class member.

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