Kaskela Law LLC Announces Investigation of Acuity Brands, Inc. (AYI) and Encourages Long-Term Stockholders to Contact the Firm

PHILADELPHIA, PA / ACCESSWIRE / March 26, 2020 / Kaskela Law LLC announces that it is investigating Acuity Brands, Inc. ("Acuity") (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 (D. Seamus Kaskela, Esq.) at (888) 715 – 1740, or online at http://kaskelalaw.com/case/acuity-brands-inc/, for additional information about this investigation and their legal rights and options.

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.

The firm's investigation seeks to determine whether Acuity's officers and/or directors breached their fiduciary duties to the Company and its stockholders in connection with the above-alleged misconduct.

Acuity shareholders are encouraged to contact Kaskela Law LLC for additional information about this investigation. Kaskela Law LLC represents investors in securities fraud, corporate governance, and merger & acquisition litigation. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com. This notice may constitute attorney advertising in certain jurisdictions.

CONTACT:

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

SOURCE: Kaskela Law LLC

ReleaseID: 582601