EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Orbital ATK, Inc. - OA
August 10 2016 - 11:53AM
Business Wire
Rosen Law Firm, a global investor rights law firm, announces it
is investigating potential securities claims on behalf of
shareholders of Orbital ATK, Inc. (NYSE: OA) resulting from
allegations that Orbital may have issued materially misleading
business information to the investing public.
On August 10, 2016, Orbital announced that it expects to restate
its financial statements for the fiscal year ended March 31,
2015 (“fiscal 2015”), the nine-month transition period ended
December 31, 2015 (“2015 transition period”), the quarters in
fiscal 2015 and the 2015 transition period, and the quarter ended
April 3, 2016. The misstatements Orbital identified relate
primarily to Orbital’s $2.3 billion long-term contract with the
U.S. Army to manufacture and supply small caliber ammunition at the
U.S. Army’s Lake City Army Ammunition Plant. On this news, shares
of Orbital fell sharply during intraday trading on August 10,
2016.
Rosen Law Firm is preparing a class action lawsuit to recover
losses suffered by Orbital investors. If you purchased shares of
Orbital on or before August 9, 2016, please visit the firm’s
website at http://www.rosenlegal.com/cases-932.html for more
information. You may also contact Phillip Kim or Kevin Chan of
Rosen Law Firm toll free at 866-767-3653 or via email at
pkim@rosenlegal.com or kchan@rosenlegal.com.
Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
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version on businesswire.com: http://www.businesswire.com/news/home/20160810005832/en/
The Rosen Law Firm, P.A.Laurence Rosen, Esq.Phillip Kim,
Esq.Kevin Chan, Esq.275 Madison Avenue, 34th FloorNew York, NY
10016Tel: 212-686-1060Toll Free: 866-767-3653Fax:
212-202-3827lrosen@rosenlegal.compkim@rosenlegal.comkchan@rosenlegal.comwww.rosenlegal.com
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