Lawsuit Filed for Investors Who Purchased Arconic Inc Depositary Shares Each Representing a 1/10 Interest in 5.375% Class B Mandatory Convertible Preferred Stock
An investor, who purchased shares of Arconic Inc (NYSE:ARNC) Depositary Shares, each representing a 1/10 interest in a share of 5.375% Class B Mandatory Convertible Preferred Stock, Series 1, par value $1, liquidation preference $500 per share, filed a lawsuit over alleged violations of Federal Securities Laws by Arconic Inc in connection with Arconic's Class B Preferred Shares September 18, 2014 initial public stock offering ("IPO")
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