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Investigation for Long-Term Investors in NYSE: SPR shares potential Wrongdoing at Spirit AeroSystems Holdings, Inc.

08-30-2023 05:27 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in Spirit AeroSystems Holdings, Inc. (NYSE: SPR) shares.

An investigation on behalf of current long term investors in Spirit AeroSystems Holdings, Inc. (NYSE: SPR) shares.

An investigation was announced for current long-term investors in shares of Spirit AeroSystems Holdings, Inc. (NYSE: SPR) concerning potential breaches of fiduciary duties by certain directors of Spirit AeroSystems Holdings, Inc..

Investors who are current long term investors in Spirit AeroSystems Holdings, Inc. (NYSE: SPR) 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: SPR stocks follows a lawsuit filed against Spirit AeroSystems Holdings, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: SPR stocks, concerns whether certain Spirit AeroSystems Holdings, Inc. 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 Southern District of New York the plaintiff alleges that the Defendants failed to disclose to investors that Spirit lacked effective production quality controls, that, as a result, Spirit incorrectly installed fittings designed to join the aft fuselage to the vertical tail for some Boeing 737 Max airplanes that Spirit sent to Boeing, that, as a result, Spirit would have to develop an inspection and repair procedure for the affected fuselages, that the foregoing would negatively impact Spirit's financial results, and that as a result of the foregoing, Defendant's positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of Spirit AeroSystems Holdings, Inc. (NYSE: SPR) have certain options and should contact the Shareholders Foundation.

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 lawsuits, 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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