Shareholders Foundation, Inc.

NYSE:CIR Investor Alert: Investigation over Potential Wrongdoing at CIRCOR International, Inc

An investigation on behalf of investors in CIRCOR International, Inc (NYSE:CIR) shares over potential wrongdoing at CIRCOR International, Inc was announced.

 

San Diego, CA -- (SBWIRE) -- 03/28/2022 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at CIRCOR International, Inc.

Investors who purchased shares of CIRCOR International, Inc (NYSE: CIR) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain CIRCOR International, Inc directors breached their fiduciary duties and caused damage to the company and its shareholders.

Burlington, MA based CIRCOR International, Inc. designs, manufactures, and markets engineered products and sub-systems worldwide. On March 14, 2022, CIRCOR International, Inc disclosed that it may restate financial results dating to 2018 due to accounting irregularities related to its pipeline engineering unit. The Company stated that the irregularities appear to be "in the range of $35 to $45 million of pre-tax income on a cumulative basis over a period of at least five years."

Shares of CIRCOR International, Inc (NYSE: CIR) declined from $25.51 per share on March 09, 2022, to as low as $23.22 per share on March 14, 2022.

Those who purchased shares of CIRCOR International, Inc (NYSE: CIR), have certain options and should contact the Shareholders Foundation.

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

About The Shareholders Foundation
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 contact 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.