An investigation for investors in Manitex International Inc (NASDAQ:MNTX) shares over potential securities laws violations by Manitex International was announced.
San Diego, CA -- (SBWIRE) -- 12/06/2017 -- Manitex International Inc is under investigation over possible violations of securities laws in connection with certain financial statements. The investigation was announced investors in NASDAQ:MNTX shares.
Investors in shares of Manitex International Inc (NASDAQ:MNTX), should contact the Shareholders Foundation at firstname.lastname@example.org or call 858-779-1554.
The investigation by a law firm focuses on whether a series of statements by Manitex International regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On November 6, 2017, during aftermarket hours, Manitex International Inc disclosed that it improperly recorded revenue in 2016 and that "the Company's previously issued financial statements for the quarters ended March 31, June 30 and September 30, 2016, year ended December 31, 2016 and quarters ended March 31 and June 30, 2017…can no longer be relied upon." Manitex International Inc stated that it "intends to file  restated annual and quarterly financial statements" for these periods and that it's "Audit Committee has engaged external counsel to perform an investigation of these matters."
Those who purchased shares of Manitex International Inc (NASDAQ:MNTX) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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