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Lawsuit filed for Investors in shares of Spirit AeroSystems Holdings, Inc. (NYSE: SPR)

02-18-2020 04:00 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A lawsuit was filed on behalf of investors in Spirit AeroSystems Holdings, Inc. (NYSE: SPR) shares.

A lawsuit was filed on behalf of investors in Spirit AeroSystems Holdings, Inc. (NYSE: SPR) shares.

An investor, who purchased shares of Spirit AeroSystems Holdings, Inc. (NYSE: SPR), filed a lawsuit over alleged violations of Federal Securities Laws by Spirit AeroSystems Holdings, Inc.

Investors who purchased shares of Spirit AeroSystems Holdings, Inc. (NYSE: SPR) have certain options and for certain investors are short and strict deadlines running. Deadline: April 10, 2020. NYSE: SPR investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

Wichita, KS based Spirit AeroSystems Holdings, Inc. designs, manufactures, and supplies commercial aero structures in the United States and internationally. On January 30, 2020, Spirit AeroSystems Holdings, Inc announced Chief Financial Officer and Chief Accounting Officer resigned after a review found non-compliance with certain accounting processes after the end of the third quarter. Shares of Spirit AeroSystems Holdings, Inc (NYSE: SPR) declined from $92.81 per share on November 18, 2019 to as low as $62.78 per share on January 30, 2020.

The plaintiff claims that between October 31, 2019 and January 29, 2020, the defendants made false and/or misleading statements and/or failed to disclose that the Company lacked effective internal controls over financial reporting, that the Company did not comply with its established accounting principles related to potential contingent liabilities, and that as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Those who purchased shares of Spirit AeroSystems Holdings, Inc. (NYSE: SPR) 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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