NEW YORK--(BUSINESS WIRE)--

Bragar Eagel & Squire, P.C. is investigating potential claims against Flowserve Corporation (NYSE:FLS). Our investigation concerns whether Flowserve has violated the federal securities laws and/or engaged in other unlawful business practices.

On July 27 2017, Flowserve disclosed that the “Company identified accounting errors,” of which “[t]he cumulative effect of the revisions to retained earnings as of March 31, 2017 was a reduction of approximately $30 million.” In the same press release, Flowserve announced that the Company’s second quarter results were below their expectations for the period.

Following this news, shares of Flowserve fell $5.06, or over 10.9%, to close at $41.30 on July 28, 2017.

If you purchased or otherwise acquired Flowserve Corporation securities and suffered a loss, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at [email protected], or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.

Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning our investigation into Flowserve Corporation, please go to http://www.bespc.com/Flowserve. For additional information about Bragar Eagel & Squire, P.C., please go to www.bespc.com.

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