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Investigation announced for Long-Term Investors in shares of AZZ Inc. (NYSE: AZZ)

03-05-2020 08:09 PM CET | Politics, Law & Society

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in AZZ Inc. (NYSE: AZZ) shares.

An investigation on behalf of current long term investors in AZZ Inc. (NYSE: AZZ) shares.

An investigation was announced forcurrent long-term investors in shares of AZZ Inc. (NYSE: AZZ) concerning potential breaches of fiduciary duties by certain directors of AZZ Inc..

Investors who are current long term investors in AZZ Inc. (NYSE: AZZ) 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: AZZ stocks follows a lawsuit filed against AZZ Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: AZZ stocks, concerns whether certain AZZ 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 Northern District of Texas the plaintiff alleges that the Defendants failed to disclose to investors that the Company's internal controls over financial reporting were not effective, that the Company improperly implemented ASC 606 which resulted in improper revenue reconciliations, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of AZZ Inc. (NYSE: AZZ) 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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