SHAREHOLDER ALERT: Lundin Law PC Announces Securities Class Action against Shiloh Industries Inc. & Urges Shareholders to Con...
2015年11月10日 - 12:00PM
ビジネスワイヤ(英語)
Lundin Law PC announces a class action lawsuit has been filed
against Shiloh Industries Inc. (“Shiloh” or the “Company”) (NASDAQ:
SHLO) concerning possible violations of federal securities laws
between March 9, 2015 and September 14, 2015. Investors who
purchased or otherwise acquired shares should contact the Firm
before the November 30, 2015 lead plaintiff motion deadline.
To join this class action lawsuit, please contact Brian Lundin,
Esquire, of Lundin Law PC, at 888-713-1033, or via email at
brian@lundinlawpc.com, or sign up at LundinLawPC.com.
According to the complaint, the Company made misleading
statements and/or failed to disclose that (1) Shiloh had
underreported the cost related to its manufacturing of products;
(2) Shiloh engaged in irregular accounting practices related to
surcharges assessed on steel at its facility in Wellington, Ohio;
(3) as a result, Shiloh’s earnings and income were overstated; (4)
Shiloh lacked adequate internal controls over financial reporting;
and (5) as a result of the foregoing, Defendants’ statements about
Shiloh’s business, operations, and prospects, were false and
misleading and/or lacked a reasonable basis.
No class has been certified in the above action. Until a class
is certified, you are not considered represented by an attorney.
You may also choose to do nothing and be an absent class
member.
Lundin Law PC was created by Brian Lundin, a securities
litigator based in Los Angeles.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20151109006934/en/
Lundin Law PCBrian Lundin, Esq.Telephone: 888-713-1033Facsimile:
888-713-1125brian@lundinlaw.comLundinLawPC.com
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