A lawsuit was filed on behalf of investors in Mueller Water Products, Inc. (NYSE: MWA) shares over alleged securities laws violations.
San Diego, CA -- (SBWIRE) -- 04/22/2019 -- An investor, who purchased shares of Mueller Water Products, Inc. (NYSE: MWA), filed a lawsuit over alleged Securities Laws violations by Mueller Water Products, Inc.
Investors who purchased shares of Mueller Water Products, Inc. (NYSE: MWA) have certain options and for certain investors are short and strict deadlines running. Deadline: June 10, 2019. NYSE: MWA investors should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
According to the complaint the plaintiff alleges on behalf of purchasers of Mueller Water Products, Inc. (NYSE: MWA) common shares between May 9, 2016, and August 6, 2018, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between May 9, 2016, and August 6, 2018, the Defendants made false and/or misleading statements and/or failed to disclose that the Company lacked adequate testing for product quality, that certain products with radio components were susceptible to fail prematurely, that, as a result, the Company was reasonably likely to incur increased expenses, including warranty costs, that these costs would materially impact the Company's financial statements, that the Company lacked adequate internal controls over warranty costs and estimates, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Those who purchased shares of Mueller Water Products, Inc. (NYSE: MWA) have certain options and should contact the Shareholders Foundation.
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