Kaskela Law LLC Announces Investigation of Acuity Brands, Inc. on Behalf of Stockholders
January 22 2020 - 8:00AM
Business Wire
Kaskela Law LLC announces that it is investigating Acuity
Brands, Inc. (“Acuity” or the “Company”) (NYSE: AYI) on behalf of
the Company’s stockholders.
Acuity stockholders who purchased shares of the Company’s stock
before April 3, 2017 are encouraged to contact Kaskela Law
LLC (David Seamus Kaskela, Esq.) at (888) 715 – 1740 to discuss
this investigation and their important legal rights and options.
Additional information may also be found at
http://kaskelalaw.com/case/acuity-brands-inc/.
In 2018, a shareholder class action complaint was filed against
the Company in federal court on behalf of certain purchasers of
Acuity’s common stock. Among other things, the shareholder
complaint alleged that Acuity violated the federal securities laws
by making a series of materially false and misleading statements to
shareholders about the Company’s ability to maintain sales growth
rates.
Kaskela Law LLC is investigating whether Acuity’s executive
officers and/or directors breached their fiduciary duties to the
Company and its stockholders in connection with the above alleged
misconduct.
Kaskela Law LLC prosecutes shareholder actions in state and
federal courts throughout the country on behalf of investors. For
additional information about Kaskela Law LLC please visit
www.kaskelalaw.com. This notice may constitute attorney advertising
in certain jurisdictions.
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version on businesswire.com: https://www.businesswire.com/news/home/20200122005181/en/
D. Seamus Kaskela, Esq. KASKELA LAW LLC 18 Campus Blvd.,
Suite 100 Newtown Square, PA 19073 (484) 258 – 1585 (888) 715 –
1740 www.kaskelalaw.com skaskela@kaskelalaw.com
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