San Diego, CA -- (SBWIRE) -- 02/16/2021 -- An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Raytheon Technologies Corporation.

Investors who are current long term investors in Raytheon Technologies Corporation (NYSE: RTX, NYSE: RTN) shares, 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 for investors in NYSE: RTX, NYSE: RTN stocks follows a lawsuit filed against Raytheon Technologies Corporation over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: RTX, NYSE: RTN stocks, concerns whether certain Raytheon Technologies Corporation directors are liable in connection with the allegations made in that lawsuit.

The plaintiff alleges that, the defendants made false and/or misleading statements and/or failed to disclose that Raytheon Technologies had inadequate disclosure controls and procedures and internal control over financial reporting, that Raytheon Technologies had faulty financial accounting, that as a result, Raytheon misreported its costs regarding Raytheon's Missiles & Defense business since 2009, that as a result of the foregoing, Raytheon was at risk of increased scrutiny from the government, that as a result of the foregoing, Raytheon would face a criminal investigation by the U.S. Department of Justice ("DOJ"), and that as a result, defendants' public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

Those who purchased shares of Raytheon Technologies Corporation (NYSE: RTX, NYSE: RTN) 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

About Shareholders Foundation, Inc.
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.