NYSE:FTI Shareholder Notice: Deadline on October 2, 2017 in Lawsuit Against TechnipFMC Plc

A Deadline is coming up on October 2, 2017 in the lawsuit for investors in TechnipFMC plc Ordinary Share (NYSE:FTI).

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San Diego, CA -- (SBWire) -- 10/02/2017 --The Shareholders Foundation announces that a deadline is coming up on October 2, 2017 in the lawsuit filed for investors of TechnipFMC plc Ordinary Share (NYSE:FTI) over alleged securities laws violations by TechnipFMC plc.

Investors who purchased shares of TechnipFMC plc Ordinary Share (NYSE:FTI) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The plaintiff alleges that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between April 27, 2017 through July 24, 2017, the defendants made false and/or misleading statements and/or failed to disclose that TechnipFMC had a material weakness in its internal control over rates used in the calculations of the foreign currency effects on certain of its engineering and construction projects, that accordingly, TechnipFMC lacked effective internal controls over financial reporting, and that as a result, TechnipFMC's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

Those who purchased shares of TechnipFMC plc Ordinary Share (NYSE:FTI) have certain options and should contact the Shareholders Foundation.

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

Media Relations Contact

Michael Daniels
General Manager
Shareholders Foundation
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/872122