13/01/2018 01:00:00

Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against AZZ, Inc. (AZZ)

Related content
18 Oct - 
Market Trends Toward New Normal in Rambus, GMS, Advance..
24 Aug - 
Recent Analysis Shows Insteel Industries, Sparton, LSC ..
20 Jun - 
Market Trends Toward New Normal in AZZ, Vishay Precisio..

NEW YORK, Jan. 12, 2018 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a class action lawsuit has been filed against AZZ, Inc. (“AZZ” or the “Company”) (NYSE:AZZ) in the United States District Court for the Northern District of Texas on behalf of a class consisting of investors who purchased or otherwise acquired AZZ securities on the open market from April 22, 2015 and January 8, 2018, inclusive (the “Class Period”), seeking to recover compensable damages caused by Defendants’ violations of the Securities Exchange Act of 1934.

The Complaint alleges that during the Class Period, AZZ violated federal securities laws by making materially false and/or misleading public statements, and/or failing to disclose material information, to investors. Specifically, the Complaint alleges that Defendants: (1) repeatedly misrepresented their financial results, (2) failed to report revenues in compliance with FASB accounting standards, (3) lacked adequate controls over financial reporting, and (4) failed to disclose the failure of more than two years of purported efforts to evaluate new accounting standards.

Investors who purchased or otherwise acquired shares during the Class Period should contact the Firm prior to the March 12, 2018 lead plaintiff motion deadline.  A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.  If you wish to discuss your rights or interests regarding this class action, please contact Thomas J. McKenna, Esq. or Gregory M. Egleston, Esq. of Gainey McKenna & Egleston at (212) 983-1300, or via e-mail at tjmckenna@gme-law.com or gegleston@gme-law.com.

Please visit our website at https://www.gme-law.com for more information about the firm.

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
Ingen indlæg

Regulatory news

HSBC Bank Plc : Form 8.5 (EPT/RI) - Lonmin PLC

22/02/2018 10:54:53
FORM 8.5 EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule 8.5 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Name of exempt principal trader: HSBC BANK PLC (b) Name of offeror/offeree i..

Rathbone Brothers Plc : Preliminary announcement of 2017 results

22/02/2018 07:00:19
Funds under management up 14.3% to £39.1 billionThis is a preliminary statement of annual results published in accordance with FCA Listing Rule 9.7A. It covers the year ended 31 December 2017. Mark Nicholls, Chairman of Rathbone Brothers Plc, said: "UK and global investment markets performed well in 2017, with some indices reaching record levels towards the end of the year. This outcome has b..

Elliott Capital Advisors, L.P : Form 8.3 - GKN Plc

Related news
21/02/2018 15:25:10
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Full name of discloser: Elliott Capital Advisors, L.P. (for itself and related general partners ..

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
Publicis Groupe: Third Quarter 2018 Revenue
2
Nexus Energy Services, Inc. Corporate Update
3
Spectrum ASA: Purchase of Shares
4
Total Voting Rights
5
Mountain America Credit Union Continues Utah Jazz “Pass It Along” Community Program

Related stock quotes

AZZ Inc 46.43 0.0% Stock price unchanged

Buy and sell signals

  • Trend
  • Moneymachine

Copyright Berlingske Media 2018  Cookie- and Privacy policy  |  Cookies  |   General terms of trade  |   Terms of use and IP rights
Quote information is delivered by Morningstar.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
19 October 2018 04:57:43
(UTC+00:00) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20181005.3 - EUROWEB3 - 2018-10-19 05:57:43 - 2018-10-19 04:57:43 - 1000 - Website: OKAY