NEW YORK, May 24, 2019 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. is investigating potential claims against AZZ Inc. (AZZ) on behalf of AZZ stockholders. Our investigation concerns whether AZZ has violated the federal securities laws and/or engaged in other unlawful business practices.
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On May 17, 2019, the company disclosed a material weakness in its internal control over financial reporting related to preparation and review of revenue reconciliations. On this news, AZZ’s share price fell by more than 3%, closing at $44.56 on May 17, 2019.
On May 20, 2019, the company announced that it had replaced its independent auditor, BDO US, LLP, with Grant Thornton LLP. On this news, AZZ’s share price fell still further, closing at $44.35 on May 20, 2019.
If you purchased or otherwise acquired AZZ shares 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 firstname.lastname@example.org, 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 AZZ please go to http://www.bespc.com/azz/. For additional information about Bragar Eagel & Squire, P.C., please go to www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.