EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Babcock & Wilcox Enterprises, Inc.

NEW YORK--()--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Babcock & Wilcox Enterprises, Inc. (NYSE:BW) resulting from allegations that Babcock & Wilcox may have issued materially misleading business information to the investing public.

On February 28, 2017, Babcock & Wilcox during aftermarket hours announced fourth quarter 2016 results that were below analysts’ expectations, reporting “fourth quarter 2016 revenues of $380.0 million, a decrease of $122.7 million, or 24.4%, compared to the fourth quarter of 2015. GAAP earnings per share for the fourth quarter of 2016 were a loss of $1.47 compared to a loss per share of $0.10 for the fourth quarter of 2015.” On this news, shares of Babcock & Wilcox fell $6.17 per share or over 37% to close at $10.33 per share on March 1, 2017.

Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Babcock & Wilcox investors. If you purchased shares of Babcock & Wilcox on or before March 1, 2017, please visit the firm’s website at http://www.rosenlegal.com/cases-1065.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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Contacts

The Rosen Law Firm, P.A.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: 212-686-1060
Toll Free: 866-767-3653
Fax: 212-202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com

Release Summary

Rosen Law Firm Investigating Potential Securities Claims Against Babcock & Wilcox Enterprises, Inc. - BW

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Contacts

The Rosen Law Firm, P.A.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: 212-686-1060
Toll Free: 866-767-3653
Fax: 212-202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com