An investigation for investors in AZZ Inc. (NYSE: AZZ) shares over potential securities laws violations by AZZ Inc. was announced.
San Diego, CA -- (SBWIRE) -- 10/23/2019 -- An investigation was announced concerning potential securities laws violations by AZZ Inc. in connection with certain financial statements.
Investors who purchased shares of AZZ Inc. (NYSE: AZZ), have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by AZZ Inc. (NYSE: AZZ regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On May 17, 2019, the Company disclosed a material weakness in its internal control over financial reporting related to preparation and review of revenue reconciliations.
On October 8, 2019, the Company delayed its second quarter 2020 financial results "to allow the Company additional time to complete the review of the Form 10-Q for its fiscal year 2020 second quarter ended August 31, 2019."
Shares of AZZ Inc. (NYSE: AZZ) declined from $56.05 per share in July 2019 to as low as $35.81 per share on October 8, 2019.
Those who purchased shares of AZZ Inc. (NYSE: AZZ) have certain options and should contact the Shareholders Foundation.
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The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in conftact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.