Die Skyline von Chicago.
Dienstag, 25.04.2017 20:45 von | Aufrufe: 42

DEADLINE ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Chicago Bridge & Iron Company N.V. and Reminds Investors with Losses to Contact the Firm

Die Skyline von Chicago. pixabay.com / CC0

PR Newswire

LOS ANGELES, April 25, 2017 /PRNewswire/ -- Lundin Law PC , a shareholder rights firm, announces a class action lawsuit against Chicago Bridge & Iron Company N.V. ("Chicago Bridge" or the "Company") (NYSE: CBI) concerning possible violations of federal securities laws between October 29, 2013 and December 10, 2014 inclusive (the "Class Period"). Investors who purchased or otherwise acquired shares during the Class Period should contact the firm prior to the May 1, 2017 lead plaintiff motion deadline.

To participate in this class action lawsuit, click here.

You can also call Brian Lundin, Esq., of Lundin Law PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com.

No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.

According to the Complaint, during the Class Period, Chicago Bridge made material false and/or misleading statements and/or failed to disclose: that the Company was responsible for hundreds of millions of dollars in liability and improperly accounted for its goodwill during 2013 to cover losses associated with construction delays and cost overruns on contracts; that the Company failed to establish and disclose an appropriate reserve for this liability in its financial statements; and that Chicago Bridge lacked effective internal controls over financial reporting. When this information reached the public, the stock price of Chicago Bridge declined materially, which allegedly caused investors harm according to the Complaint.

Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles devoted to upholding shareholders' rights.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.


ARIVA.DE Börsen-Geflüster

Kurse

Werbung

Mehr Nachrichten zur Chicago Bridge & Iron Aktie kostenlos abonnieren

E-Mail-Adresse
Benachrichtigungen von ARIVA.DE
(Mit der Bestellung akzeptierst du die Datenschutzhinweise)

Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte.


Andere Nutzer interessierten sich auch für folgende News