LOS ANGELES--(BUSINESS WIRE)--Lundin Law PC announces it is investigating claims against Aerojet Rocketdyne Holdings, Inc. (“Aerojet” or the “Company”) (NYSE: AJRD) concerning possible violations of federal securities laws. The investigation is related to allegations that certain statements issued by Aerojet were false and misleading and/or failed to disclose material information regarding the Company’s financial performance.
The investigation concerns whether the Company violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. On February 1, 2016, the Company stated that, after discussions with its auditor, it had concluded that Aerojet’s consolidated financial statements for fiscal years 2013 and 2014, for the quarter ended August 31, 2013, and for the quarters ended February 28, May 31, and August 31, 2014 and 2015, need to be restated and should no longer be relied upon.
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.
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