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SAN DIEGO, CA / ACCESSWIRE / February 11, 2020 / The Shareholders Foundation, Inc. announces that a lawsuit was filed for certain investors in AZZ Inc. (AZZ) shares.
The plaintiff alleged that the defendants failed to disclose to investors that the Company's internal controls over financial reporting were not effective, that the Company improperly implemented ASC 606 which resulted in improper revenue reconciliations, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Those who purchased AZZ Inc. (AZZ) shares should contact the Shareholders Foundation, Inc.
Shareholders Foundation, Inc.
+1 (858) 779-1554
3111 Camino Del Rio North
San Diego, CA 92108
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.
SOURCE: Shareholders Foundation, Inc.
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