SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Regarding Possible Violations of Federal Securities Laws ...
August 10 2016 - 2:33PM
Business Wire
Levi & Korsinsky announces it has commenced an investigation
of Orbital ATK, Inc. (NYSE:OA) (“Orbital”) concerning possible
violations of federal securities laws by the Company and/or certain
of its officers and directors.
On August 10, 2016, Orbital disclosed it would restate numerous
financial statements after discovering errors related to a $2.3
billion contract to manufacture and supply ammunition to the U.S.
Army. The restatement will reduce reported income from continuing
operations by $400 to $450 million in total, and reduce annual
revenues by $100 to $150 million in total. Following this news,
shares of Orbital were down more than 21% on intraday trading on
August 10, 2016. To obtain additional information, go
to:
http://zlk.9nl.com/orbital-atk-oa
or contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, California, Connecticut and Washington D.C. The
firm’s attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits.
Attorney advertising. Prior results do not guarantee similar
outcomes.
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version on businesswire.com: http://www.businesswire.com/news/home/20160810006021/en/
Levi & Korsinsky, LLPEduard Korsinsky, Esq.Tel:
212-363-7500Toll Free: 877-363-5972Fax:
212-363-7171www.zlk.com
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