BOSTON, Jan. 30, 2020 (GLOBE NEWSWIRE) -- Block & Leviton LLP (www.blockesq.com), a securities litigation firm representing investors and whistleblowers nationwide, is investigating Spirit AeroSystems Holdings, Inc. (NYSE: SPR) and certain of its officers and directors for potential violations of federal securities laws.
In December 2019, Spirit AeroSystems commenced a review of its accounting process compliance and determined that it did not comply with established accounting processes related to certain potential contingent liabilities. On January 30, 2019, Spirit AeroSystems announced resignations of both its Chief Financial Officer and Principal Accounting Officer for failure to comply with accounting rules on contingencies. On this news, the company’s share price dropped more than 5% in early morning trading.
If you have purchased or otherwise acquired Spirit AeroSystems securities and have questions about your legal rights, or possess information relevant to this investigation, you are encouraged to contact attorney Mark Delaney at (617) 398-5600, by email at mdelaney@blockesq.com, or by visiting https://shareholder.law/spr.
Block & Leviton LLP was recently ranked 4th among securities litigation firms by ISS for recoveries in 2017. The firm represents many of the nation's largest institutional investors and numerous individual investors in securities litigation throughout the country. Indeed, its lawyers have recovered billions of dollars for its clients.
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CONTACT:
BLOCK & LEVITON LLP
Mark Delaney
(617) 398-5600 phone
260 Franklin Street, Suite 1860
Boston, MA 02110
mark@blockesq.com