FRTA Forterra Inc.

FORTERRA SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit against Forterra, Inc. - (FRTA)

NEW ORLEANS--(BUSINESS WIRE)--

Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until October 13, 2017 to file lead plaintiff applications in a securities class action lawsuit against Forterra, Inc. (NasdaqGS: FRTA), if they purchased the Company’s shares between October 18, 2016 and August 14, 2017 and/or pursuant to its October 21, 2016 initial public offering (“IPO”). This action is pending in the United States District Court for the Eastern District of New York.

What You May Do

If you purchased shares of Forterra and would like to discuss your legal rights and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit http://ksfcounsel.com/cases/nasdaqgs-frta/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by October 13, 2017.

About the Lawsuit

Forterra and certain of its executives are charged with failing to disclose material information during the IPO, violating federal securities laws.

The alleged false and misleading statements and omissions include, but are not limited to, that: (i) there were substantial decreases in sales in certain products; (ii) market conditions were causing its product pricing to be lowered in certain segments; (iii) defective products and long delays from production problems resulted in lost business and late charges; (iv) undisclosed material weaknesses in internal controls prevented accurate reporting and forecasting of financial results; and (v) as a result of the foregoing, Forterra’s Registration Statement was materially false and misleading at all relevant times.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities, antitrust and consumer class actions, along with merger & acquisition and breach of fiduciary litigation against publicly traded companies on behalf of shareholders. The firm has offices in New York, California and Louisiana.

To learn more about KSF, you may visit www.ksfcounsel.com.

EN
16/09/2017

Underlying

FRTAForterra Inc.

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Forterra Inc.

 PRESS RELEASE
Free
FRTA FORTERRA INC.

Quikrete Completes Acquisition of Forterra, Inc.

Quikrete Completes Acquisition of Forterra, Inc. IRVING, Texas, March 18, 2022 (GLOBE NEWSWIRE) -- Forterra, Inc. (“Forterra”) (NASDAQ:FRTA), a leading manufacturer of water and drainage infrastructure pipe and products in the United States and Eastern Canada, today announced that Quikrete Holdings, Inc. (“Quikrete”) completed its acquisition of all outstanding shares of Forterra for $24.00 per share in an all cash transaction, with Forterra becoming a wholly owned subsidiary of Quikrete. As a result of the transaction’s completion, Forterra’s common stock will cease trading at the close...

March 18, 2022 1 EN
 PRESS RELEASE
Free
FRTA FORTERRA INC.

Forterra Announces Fourth Quarter and Full Year 2021 Results

Forterra Announces Fourth Quarter and Full Year 2021 Results IRVING, Texas, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Forterra, Inc. (“Forterra” or “the Company”) (NASDAQ: FRTA), a leading manufacturer of water and drainage infrastructure pipe and products in the United States and Eastern Canada, today announced results for the quarter and full year ended December 31, 2021. Full Year 2021 Highlights Increased net sales by 16.5% to $1,858.3 million as compared to $1,594.5 million last yearIncreased gross profit by 11.6% to $420.4 million as compared to $376.7 million last year Increased net inco...

February 28, 2022 1 EN
Free Trial
FRTA FORTERRA INC.

FORTERRA sees an upgrade to Positive due to a better fundamental star ...

The general evaluation of FORTERRA (US), a company active in the Building Materials & Fixtures industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as defensive. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Positive. As of the analysis date December 7, 2021, the closing price was USD 23....

12/08/21 December 8, 2021 1 EN
 PRESS RELEASE
Free
FRTA FORTERRA INC.

Forterra Announces Third Quarter 2021 Results

Forterra Announces Third Quarter 2021 Results IRVING, Texas, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Forterra, Inc. (“Forterra” or “the Company”) (NASDAQ: FRTA), a leading manufacturer of water and drainage infrastructure pipe and products in the United States and Eastern Canada, today announced results for the quarter ended September 30, 2021. Third Quarter 2021 Highlights Increased net sales by 15.1% to $526.6 million as compared to $457.6 million in the prior year quarterGross profit of $116.6 million as compared to $126.3 million in the prior year quarterNet income for the quarter increas...

October 27, 2021 1 EN
 PRESS RELEASE
Free
FRTA FORTERRA INC.

Forterra Announces Second Quarter 2021 Results

Forterra Announces Second Quarter 2021 Results IRVING, Texas, July 28, 2021 (GLOBE NEWSWIRE) -- Forterra, Inc. (“Forterra” or “the Company”) (NASDAQ: FRTA), a leading manufacturer of water and drainage infrastructure pipe and products in the United States and Eastern Canada, today announced results for the quarter ended June 30, 2021. Second Quarter 2021 Highlights Increased net sales by 15.6% to $492.8 million as compared to $426.2 million in the prior year quarterIncreased gross profit by 13.3% to $119.6 million as compared to $105.6 million in the prior year quarterNet income for the...

July 28, 2021 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch