SHAREHOLDER REMINDER: Khang & Khang LLP Announces Securities Class Action Lawsuit against Arconic Inc. and Reminds Investors with Losses to Contact the Firm
IRVINE, CA / ACCESSWIRE / August 18, 2017 / Khang & Khang LLP (the ”Firm”) announces a securities class action lawsuit against Arconic Inc. (”Arconic” or the ”Company”) (NYSE: ARNC, NYSE American: ARNC-P, NYSE: ARNC-PB). Investors who purchased or otherwise acquired Arconic shares from February 28, 2017 through June 26, 2017, inclusive (the ”Class Period”), are encouraged to contact the Firm before the September 11, 2017 lead
plaintiff motion deadline.
If you purchased shares of Arconic during the Class Period, please contact Joon M. Khang, Esq., of Khang & Khang LLP, 4000 Barranca Parkway, Suite 250, Irvine, CA 92604, by telephone at (949) 419-3834, or by e-mail at joon@khanglaw.com.
There has been no class certification in this case yet. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member as well.
According to the lawsuit, throughout the Class Period, Arconic made false and/or misleading statements and/or failed to disclose: that the Company knowingly supplied its highly flammable Reynobond PE (polyethylene) cladding panels for use in construction; that the foregoing conduct greatly increased the risk of property damage, injury and/or death in buildings constructed with these panels; and that as a result of the above, the Company’s public statements were materially false and misleading at all relevant times. Upon release of this news, Arconic’s share price decreased materially, which harmed investors according to the Complaint.
If you want to learn more about this lawsuit, or if you have any questions about this notice or your rights, please contact Joon M. Khang, a prominent litigator for nearly two decades, by telephone at (949) 419-3834, or by e-mail at joon@khanglaw.com.
This press release may be considered Attorney Advertising in certain jurisdictions.
Contact
Joon M. Khang, Esq.
Telephone: 949-419-3834
Facsimile: 949-225-4474
joon@khanglaw.com
SOURCE: Khang & Khang LLP
ReleaseID: 473077