Plantronics, Inc. Loss Form

Company: Plantronics, Inc.

Ticker: (NYSE) PLT

Deadline

Passed

Lead Plaintiff Deadline: January 13, 2020

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Allegations

(1) the Company had engaged in channel stuffing to artificially boost sales; (2) the Company’s internal control over inventory levels was not effective; (3) the Company had not adequately monitored inventory levels ahead of multiple product launches, where the new models would displace demand for aging products; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.