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IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces it is Investigating Claims Against Commercial Vehicle Group, Inc. and Encourages Investors with Losses to Contact the Firm

Friday, 27 March 2020 01:15 PM

The Schall Law Firm

Topic:
Lawsuits

LOS ANGELES, CA / ACCESSWIRE / March 27, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Commercial Vehicle Group, Inc. ("Commercial Vehicle Group" or "the Company") (NASDAQ:CVGI) for violations of the securities laws.

The Schall Law Firm, Friday, March 27, 2020, Press release picture

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Commercial Vehicle Group released its fourth quarter and full year 2019 financial results on March 16, 2020. According to the Company, financial statements for fiscal 2018 and periods of fiscal 2019 were made unreliable by misstatements. The Company's Audit Committee determined that for the nine months ending September 30, 2019, the cost of revenues was understated by $4.6 million, net income was overstated by $3.5 million, and diluted earnings per share was overstated by $0.11. Based on this news, shares of Commercial Vehicle Group fell sharply on March 17, 2020.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, 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.

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 Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
Cell: 424-303-1964
[email protected]

SOURCE: The Schall Law Firm

Topic:
Lawsuits
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