| The Complaint alleges that throughout the Class Period, defendants represented that the Company was effectively growing its business and that the growth would continue. Such statements presented the Company's historical results, and its prospects, in a very favorable light, causing the Company's stock to trade at inflated levels. Such statements, which are particularized in the complaint, were materially false and misleading because, contrary to the picture painted by defendants, the Company was suffering from severe operational and manufacturing deficiencies and lacked the systems and processes necessary to issue accurate and reliable financial forecasts. |
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