San Diego, CA -- (SBWIRE) -- 05/30/2017 -- An investigation was announced for investors in NASDAQ:FRTA shares over potential securities laws violations by Forterra Inc and certain of its directors and officers.

Investors who purchased shares of Forterra Inc (NASDAQ:FRTA), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Forterra Inc (NASDAQ:FRTA) concerning whether a series of statements by Forterra Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On March 29, 2017 Forterra Inc announced its fourth quarter and full year 2016 results. Forterra Inc reported that its annual Total Revenue rose from $716.97 million in 2015 to over $1.36 billion in 2016 and that its Net loss declined from $88.54 million to $7.61 million in 2016.

On May 15, 2017, Forterra Inc revealed a net sales of $338.3 million for 2017's first quarter, compared to $187 million in the prior year quarter. Forterra Incsaid that sales growth was "attributable to the impact of acquisitions that increased net sales by $163 million" rather than to organic growth. Forterra Inc also announced a consolidated net loss of $22.5 million, or $0.35 loss per share. Forterra Inc's Chief Executive Officer said that its "earnings results for the quarter were impacted by a number of factors that unfortunately will persist through the second quarter of 2017."

Shares of Forterra Inc (NASDAQ:FRTA) declined on May 25, 2017 to $7.84 per share.

Those who purchased shares of Forterra Inc (NASDAQ:FRTA) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com