NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Hill International, Inc. (NYSE: HIL) resulting from allegations that Hill International may have issued materially misleading business information to the investing public.
On November 3, 2016, during aftermarket hours, Hill International issued a press release announcing that it was delaying the release of its third quarter and first nine months 2016 financial results because of “continuing discussions with its independent accounting firm regarding the accounting treatment of certain accounts receivable the outcome of which could have a material effect on the company’s financial position and results of operations.” On this news, shares of Hill International fell $0.65 per share or over 17% to close at $3.00 per share on November 4, 2016.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Hill International investors. If you purchased shares of Hill International please visit the firm’s website at http://www.rosenlegal.com/cases-984.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or kchan@rosenlegal.com.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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