Press release
Investigation announced for Long Term Investors in shares of Acuity Brands, Inc. (NYSE: AYI)
An investigation on behalf of current long term investors in Acuity Brands, Inc. (NYSE: AYI) shares.
Investors who are current long term investors in Acuity Brands, Inc. (NYSE: AYI) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NYSE: AYI stocks follows a lawsuit filed against Acuity Brands, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: AYI stocks, concerns whether certain Acuity Brands directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the District of Delaware the plaintiff alleges that the defendants concealed known trends negatively impacting sales of the Company's products; and overstated the Company's ability to achieve profitable sales growth, and that as a result of the foregoing, Defendants lacked a reasonable basis for their positive statements about Acuity's current and future business and financial prospects.
Those who purchased shares of Acuity Brands, Inc. (NYSE: AYI) have certain options and should contact the Shareholders Foundation.
Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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