IRVINE, Calif., Sept. 05, 2017 (GLOBE NEWSWIRE) -- Khang & Khang LLP (the “Firm”) announces a securities class action lawsuit against Arconic Inc. (“Arconic” or the “Company”) (NYSE:ARNC) (NYSE: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 Arconic shares 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.
The Complaint alleges that 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 heightened the risk of property damage, injury and/or death in buildings constructed with these panels; and that as a result, the Company’s public statements were materially false and misleading at all relevant times. Upon release of this news, Arconic’s stock price decreased materially, which harmed investors according to the Complaint.
If you want to learn more about this lawsuit, or if you have 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.
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