INVESTOR ALERT: Investigation of Precision Castparts Corp. Announced by Law Offices of Howard G. Smith

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of investors of Precision Castparts Corp. (“Precision Castparts” or the “Company”) (Formerly traded NYSE: PCP, acquired 2/1/2016) concerning the Company and its officers’ possible violations of federal securities laws. Law Offices of Howard G. Smith is preparing a lawsuit on behalf of injured investors.

Precision Castparts is a manufacturer of complex metal components primarily marketed to industrial and aerospace customers. The Company produces large structural investment castings, airfoil castings, forged components, aerostructures, and highly engineered fasteners for aerospace applications.

The investigation concerns whether Precision Castparts made false and/or misleading statements to investors concerning the Company’s financial outlook and future prospects. And, whether, Precision Castparts improperly touted its growth prospects and assured investors that customer demand for its products was stable. In reality, Precision Castparts was allegedly losing significant market share to its competitors and concealed its loss of market share and attributed declining sales figures to a temporary condition that would resolve itself in the near future. When news of the structural decline in the Company’s revenues was revealed to investors, the Company’s shares declined in value thereby injuring investors.

If you purchased Precision Castparts securities, have information or 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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at [phone], toll-free at [phone], or by email to [e-mail], or visit our website at http://www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.