LOS ANGELES--(BUSINESS WIRE)--Lundin Law PC, a shareholder rights firm, announces the filing of a class action lawsuit against Chicago Bridge & Iron Company N.V. (“CBI” or the “Company”) (NYSE: CBI). Investors who purchased or otherwise acquired CBI shares between October 29, 2013, and December 10, 2014, inclusive (the “Class Period”), are encouraged to contact the firm in advance of the May 2, 2017 lead plaintiff deadline.
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.
Prescience Point alleged that CBI had falsely accounted for its goodwill during 2013, intending to hide losses related to problems with the Company’s Nuclear Projects. When this information was offered to the investing public, CBI stock dropped, causing investors harm.
Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.