SHAREHOLDER ALERT: Goldberg Law PC Announces Securities Class Action Lawsuit against AECOM & Encourages Investors with Losses...
September 06 2016 - 8:52PM
Business Wire
Goldberg Law PC (the “Firm”) announces that a class action
lawsuit has been filed against AECOM (“AECOM” or the “Company”)
(NYSE: ACM). Investors who purchased or otherwise acquired shares
between February 11, 2015 and August 15, 2016 (the “Class Period”)
are encouraged to contact the Firm in advance of the October 31, 2016 lead plaintiff motion
deadline.
If you are a shareholder who suffered a loss during the Class
Period, click here to participate. In addition, we advise
you to contact Michael Goldberg or Brian Schall, of Goldberg Law
PC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, CA 90067, at
800-977-7401, to discuss your rights without cost to you. You can
also reach us through the firm’s website at
http://www.Goldberglawpc.com, or by email at
info@goldberglawpc.com.
The class in this case has not yet been certified, and until
certification occurs, you are not represented by an attorney. If
you choose to take no action, you can remain an absent class
member.
According to the complaint, 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 to the
public, shares of AECOM declined in value, causing investors
harm.
Goldberg Law PC represents shareholders around the world and
specializes in securities class actions and shareholder rights
litigation.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160906006676/en/
Goldberg Law PC, Los AngelesMichael Goldberg, Esq.,
800-977-7401Brian Schall, Esq.,
800-977-7401info@goldberglawpc.comwww.Goldberglawpc.com
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