PHILADELPHIA, PA / ACCESSWIRE / October 3, 2019 / Kaskela Law LLC has commenced an investigation of Acuity Brands, Inc. ("Acuity" or the "Company") (AYI) on behalf of the Company's stockholders.
Acuity stockholders who purchased shares of the Company's stock before April 3, 2017 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (888) 715 - 1740, or online at http://kaskelalaw.com/case/acuity-brands-inc/, to discuss this investigation and their legal rights and options.
In 2018, a shareholder class action complaint was filed against the Company in federal court on behalf of certain purchasers of Acuity's common stock. Among other things, the shareholder complaint alleges that Acuity and certain of the Company's senior executive officers violated the federal securities laws by making a series of materially false and misleading statements to shareholders about Acuity's ability to maintain sales growth rates.
Kaskela Law LLC is investigating whether the Company's executive officers and/or directors breached their fiduciary duties to Acuity and its stockholders in connection with the above alleged misconduct.
Kaskela Law LLC prosecutes shareholder actions in state and federal courts throughout the country on behalf of investors. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.
This notice may constitute attorney advertising in certain jurisdictions.
SOURCE: Kaskela Law LLC
View source version on accesswire.com: