Kirby McInerney LLP Commences Investigation on Behalf of AZZ Inc. Investors
January 10 2018 - 6:50PM
Business Wire
Kirby McInerney LLP (“KM”) announces an investigation on behalf
of AZZ Inc. (“AZZ” or “the Company”) (NYSE:AZZ) investors
concerning possible violations of federal securities laws by the
Company and its officers.
On January 9, 2018 AZZ announced that historically, the Company
should have accounted differently for certain contracts within its
Energy Segment. As a result, the Company is reviewing the impact of
this change on historical accounting and financial results from
2015 to 2017. The Company also announced it will be delaying the
release of its Form 10-Q for the quarter (ended November 30,
2017).
On this news, the Company’s share price fell from $50.64 to
$47.50 (a decline of $3.14).
If you purchased or otherwise acquired shares of AZZ and would
like more information pertaining to the investigation or if you
have relevant information, you may contact Thomas W. Elrod, Esq. of
Kirby McInerney LLP at 212-371-6600, or by email at
telrod@kmllp.com, or by filling out this contact form to discuss
your rights without any cost to you.
Kirby McInerney LLP is a New York-based plaintiffs’ law firm
concentrating in securities, antitrust, whistleblower, and consumer
litigation. The firm’s efforts on behalf of shareholders in
securities litigation have resulted in recoveries totaling billions
of dollars, and the firm’s achievements and quality of service have
been chronicled in numerous published decisions. Additional
information about the firm can be found at Kirby McInerney LLP’s
website: www.kmllp.com.
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/20180110006345/en/
Kirby McInerney LLPThomas W. Elrod, Esq., (212)
371-6600www.kmllp.comtelrod@kmllp.com
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