Press release
Investigation announced for Investors in OTC: BOALY shares over potential Violations of Securities Laws by Boral Limited
An investigation for investors in Boral Limited (OTC: BOALY) shares over potential securities laws violations by Boral Limited.
Investors who purchased shares of Boral Limited (OTC: BOALY), 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 focuses on possible claims on behalf of purchasers of the securities of Boral Limited (OTC: BOALY) concerning whether a series of statements by Boral Limited regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On December 5, 2019, Boral Limited disclosed that it identified financial irregularities in its North American window business, involving the misreporting of inventory levels and raw material and labour cost at the window plants, and was conducting an internal investigation into the matter.
On February 9, 2020, Boral Limited revealed that its investigation had found inflated earnings at its North American window-making business and announced that the Company had fired the division’s vice president of finance and financial controller.
Those who purchased shares of Boral Limited (OTC: BOALY) 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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