NEW YORK--(BUSINESS WIRE)--
Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of purchasers of the securities of AZZ Inc. (NYSE:AZZ) resulting from allegations that AZZ may have issued materially misleading business information to the investing public.
On January 9, 2018, AZZ announced that upon the recommendation of the Company’s management and in consultation with the Company’s Audit Committee and independent registered public accounting firm, BDO USA, LLP, on January 4, 2018 determined that the Company historically should have accounted differently for certain contracts within its Energy Segment. As a result, AZZ is reviewing the impact of this change on its historical accounting and financial results from 2015 through 2017 and announced it is delaying the release of its Form 10-Q for the quarter ended November 30, 2017. On this news, shares of AZZ fell sharply during intraday trading on January 9, 2018.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by AZZ investors. If you purchased shares of AZZ, please visit the firm’s website at http://www.rosenlegal.com/cases-1267.html or more information. You may also contact Phillip Kim or Daniel Sadeh of Rosen Law Firm toll free at 866-767-3653 or via email at [email protected] or [email protected].
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm.
Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Since 2014, Rosen Law Firm has been ranked #2 in the nation by Institutional Shareholder Services for the number of securities class action settlements annually obtained for investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180109006460/en/