An investigation for investors in W.W. Grainger, Inc. (NYSE: GWW) shares over potential securities laws violations by W.W. Grainger was announced.
San Diego, CA -- (SBWIRE) -- 10/29/2018 -- An investigation was announced concerning potential securities laws violations by W.W. Grainger, Inc. and certain of its directors and officers in connection with certain financial statements was announced.
Investors who purchased shares of W.W. Grainger, Inc. (NYSE: GWW), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by W.W. Grainger, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Lake Forest, IL based W.W. Grainger, Inc. distributes maintenance, repair, and operating (MRO) supplies; and other related products and services that are used by businesses and institutions in the United States, Canada, Europe, Asia, and Latin America. On October 16, 2018, W.W. Grainger reported the Company's financial and operating results for the third quarter of 2018. Among other results, W.W. Grainger reported earnings of $104.4 million, or $1.82 per share, down 36% from a year earlier, citing a "$139 million impairment charge related to the Cromwell business in the U.K., reflecting a slower growth trajectory and structural issues
Those who purchased shares of W.W. Grainger, Inc. (NYSE: GWW) have certain options and should contact the Shareholders Foundation.
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