TORONTO--(BUSINESS WIRE)--Performance Sports Group Ltd. (TSX: PSG; NYSE PSG), is being investigated by Sutts, Strosberg LLP, a law firm that represents investors in securities class actions.
The firm is investigating the company in the wake of its announcement that it will not be filing its Annual Report or its annual audited financial statements for fiscal 2016 on the required filing deadline of August 15, 2016. The delay is due to the Audit Committee’s decision to conduct an internal investigation in connection with the finalization of the company’s financial statements and the related certification process.
Since the announcement, the company's shares on the Toronto Stock Exchange have lost more than fifty percent of their value.
The firm would like to speak with shareholders of Performance Sports Group Ltd. Shareholders who wish to discuss the matter should contact Jay Strosberg at 519.561.6285 or by email at jay@strosbergco.com.
Sutts, Strosberg LLP is a leading class action law firm that has recovered over $1.5 billion for its clients. For more information about the law firm, please visit the Sutts, Strosberg LLP website at www.strosbergco.com.
