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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Hill International Inc (NYSE: HIL) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Hill International Inc (NYSE: HIL) concerning whether a series of statements by Hill International Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On November 3, 2016, Hill International revealed that it will delay filing its 2016 third quarter financial results due to discussions with its independent accounting firm over the treatment of certain accounts receivable, the outcome of which could have a material effect on the Company’s finances and operations.
Following this news, NYSE: HIL dropped $0.65 per share or over 17% to close at $3.00 per share on November 4, 2016.
Based in Philadelphia, Pennsylvania, and founded in 1976 Hill International Inc provides program management, project management, construction management, construction claims, and other consulting services primarily for the buildings, transportation, environmental, energy, and industrial markets.
If you purchased shares of Hill International Inc (NYSE: HIL) on or before November 3, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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