LOS ANGELES, CA / ACCESSWIRE / June 7, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against AZZ Inc. ("AZZ" or the "Company") (NYSE: AZZ) for violations of ยงยง10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's shares between April 22, 2015, and January 8, 2018, inclusive (the "Class Period"), are encouraged to contact the firm before March 12, 2018, the lead plaintiff motion deadline.
If you are a shareholder who suffered a loss during the Class Period, click here to participate.
We also encourage you to contact Brian Schall, or Sherin Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the complaint, the Company made materially false and/or misleading statements and/or failed to disclose that: (1) AZZ misstated revenues for its Energy Segment for the duration of the Class Period; (2) AZZ had failed to report revenues in compliance with FASB's Accounting Standards; (3) AZZ lacked adequate internal controls over financial reporting; (4) AZZ's purported efforts for over two years to evaluate revenue recognition standards had been an apparent failure; and (5) as a result, AZZ's publicly disseminated financial statements were materially false and misleading. When the truth was revealed to the investing public, shares fell harming investors.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law FirmBrian Schall, Esq.
Rina Restaino, Esq.
310-301-3335
Cell: 424-303-1964
[email protected]
www.schallfirm.com
SOURCE: The Schall Law Firm