IMPORTANT INVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against AECOM & Reminds Investors with Loss...
September 01 2016 - 8:08PM
Business Wire
Lundin Law PC (the “Firm”) announces a class action lawsuit has
been filed against AECOM (“AECOM” or the “Company”) (NYSE: ACM)
concerning possible violations of federal securities laws between
February 11, 2015 and August 15, 2016 (the “Class Period”).
Investors who purchased or otherwise acquired shares during the
Class Period should contact the Firm in advance of the October
31, 2016 lead plaintiff motion deadline.
To participate in this class action lawsuit, click here.
You can also call Brian Lundin, Esquire, 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.
The Complaint alleges that during the Class Period, AECOM made
false and/or misleading statements and/or failed to disclose that:
the Company engaged in fraudulent and deceptive business practices;
that AECOM lacked effective internal controls over financial
reporting; that the Company overstated the benefits of its
acquisition of URS Corp.; that AECOM overstated its free cash flow
per share; and that as a result of the above, AECOM’s public
statements were materially false and misleading at all relevant
times. On August 16, 2016, Spruce Point Capital Management
published a report on AECOM asserting that the Company’s stock is
worth 33%-45% less than its current price on the market. When this
news was announced, shares of AECOM fell in value, causing
investors harm.
Lundin Law PC was founded by Brian Lundin, a securities
litigator based in Los Angeles dedicated to upholding shareholders’
rights.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20160901006605/en/
Lundin Law PCBrian Lundin, Esq.Telephone: 888-713-1033Facsimile:
888-713-1125brian@lundinlawpc.comhttp://lundinlawpc.com/
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