FRTA Forterra Inc.

IMPORTANT INVESTOR ALERT: JFJN Law Announces Filing of a Class Action against Forterra, Inc.

GARDEN CITY, N.Y.--(BUSINESS WIRE)--

JFJN Law (the “firm) announces the filing of a class action lawsuit against Forterra, Inc., (“FRTA” or the “Company”) (Nasdaq:FRTA). Investors who purchased or otherwise acquired shares between October 20, 2016 and the present, inclusive (the “Class Period”) are encouraged to contact the Firm in advance of the October 13, 2017 lead plaintiff motion deadline.

If you purchased shares in FRTA during the Class Period, please contact Justin Frankel, Esq. or Jason Newfield, Esq., of JFJN Law, 1-888-459-0507 or click here before October 13, 2017.

THERE HAS NOT BEEN A CLASS CERTIFICATION OF THIS CASE YET. UNTIL CERTIFICATION OCCURS, YOU ARE NOT REPRESENTED BY AN ATTORNEY. YOU MAY CHOOSE TO TAKE NO ACTION AND REMAIN A PASSIVE CLASS MEMBER.

According to the Class Action Complaint, FRTA made false and misleading statements in their Registration Statement. As a result, Forterra priced the October 21, 2016 IPO at $18.00 per share and issued and sold over 18 million shares.

The Class Action Complaint alleges, among other things, that Forterra’s ability to drive organic growth was misleading. As detailed in the Complaint, on May 15, 2017, the Company announced that, contrary to prior representations, it had no organic net sales growth for the first quarter of 2017, and its net sales growth had instead been driven exclusively by acquisitions. Following this announcement, Forterra stock dropped $4.79 per share, or approximately 24%, to close at $14.93 per share on May 15, 2017. Thereafter, on August 10, 2017, the Company reported that net sales growth for the second quarter of 2017 had once again been driven solely by acquisitions. On this news, the price of Forterra’s stock declined $4.76 per share, or approximately 57%, to close at $3.51 per share on August 10, 2017.

This press release may be considered Attorney Advertising in some jurisdictions.

If you suffered a loss in Forterra (FRTA). you have until October 13, 2017 to request that the Court appoint you as a lead plaintiff. Your ability to share in any recovery does not require you serve as a lead plaintiff.

EN
26/09/2017

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