AZZ Inc
0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS
Case Summary | |
Company Name: | AZZ Inc |
Stock Symbol : | NYSE: AZZ |
Class Period Start: | 07/03/2018 |
Class Period End: | 10/08/2019 |
Lead Plaintiff motion: | 01/03/2020 |
Date Filed: | 11/01/2019 |
Type of Case: | Securities Class Action |
Court: | U.S. District Court for the Northern District of Texas |
Summary: | Thieler Law Corp advises investors with losses exceeding $100,000 of the January 3, 2020 lead plaintiff deadline in a class action lawsuit filed against AZZ Inc (NYSE: AZZ) (“AZZ” or “the Company”). The suit is pending in the U.S. District Court for the Northern District of Texas and investors, who purchased AZZ Inc securities between July 3, 2018 and October 8, 2019, have until January 3, 2020 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class. If you purchased AZZ Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class. The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that AZZ’s internal controls over financial reporting were not effective; AZZ improperly implemented ASC 606 which resulted in improper revenue reconciliations; and as a result of the foregoing, defendants’ positive statements about AZZ’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. On October 8, 2019, the Company delayed its second quarter 2020 financial results “to allow the Company additional time to complete the review of the Form 10-Q for its fiscal year 2020 second quarter ended August 31, 2019.” Following this news, NYSE: AZZ fell as much as $6.14, or nearly 15%, during intraday trading on October 8, 2019. If you were negatively impacted by your investment in AZZ Inc securities between July 3, 2018 and October 8, 2019 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation. Thieler Law Corp purchases advertisements on search engines, social media sites and other websites. If you send us information, note that does not create an attorney-client relationship with the firm. Materials are provided for informational purposes only and do not constitute legal advice. We are only licensed to practice law in Germany. We are neither licensed nor qualified to render advice on US Federal or State law. Thieler Law Corp 2534 State Street - Suite 406, San Diego, CA 92101 by email: mail@thielerlaw.com or telephone at +1 (619) 377 - 4324 or visit our website http://www.thielerlaw.com/ or Facsimile: +1 (619) 785 – 3185 |