Evoqua Water Technologies Corp
0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS
Case Summary | |
Company Name: | Evoqua Water Technologies Corp |
Stock Symbol : | NYSE: AQUA |
Class Period Start: | 11/06/2017 |
Class Period End: | 10/30/2018 |
Lead Plaintiff motion: | 01/07/2019 |
Date Filed: | 11/06/2018 |
Type of Case: | Securities Class Action |
Court: | U.S. District Court for the Southern District of New York |
Summary: | Thieler Law Corp advises investors with losses exceeding $100,000 of the January 7, 2019 lead plaintiff deadline in a class action lawsuit filed against Evoqua Water Technologies Corp. (NYSE: AQUA) (“Evoqua” or “the Company”). The suit is pending in the U.S. District Court for the Southern District of New York and investors, who purchased Evoqua Water Technologies Corp securities between November 6, 2017, and October 30, 2018, have until January 7, 2019 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class. If you purchased Evoqua Water Technologies Corp 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 Evoqua failed to successfully integrate its prior acquisitions; Evoqua was experiencing supply chain disruptions influenced by tariffs and an extended delay on a large aquatics project; and as a result, Evoqua’s public statements were materially false and misleading at all relevant times. On October 30, 2018, the Company revealed its preliminary financial results for the fourth quarter and fiscal year ended September 30, 2018, which fell below the Company's and analyst's expectations. According to the Company, the shortfalls were "primarily due to acquisition system integration issues, supply chain disruptions influenced by tariffs and an extended delay on a large aquatics project." On this news, NYSE: AQUA fell $4.78 per share, or 34.64%, to close at $9.02 on October 30, 2018. If you were negatively impacted by your investment in Evoqua Water Technologies Corp securities between November 6, 2017, and October 30, 2018 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 |