NEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Booz Allen Hamilton Holding Corporation (“Booz Allen” or the “Company”) (NYSE:BAH).
The investigation focuses on whether the Company and its executives violated federal securities laws. Specifically, after market close on June 15, 2017, the Company filed an 8-K with the Securities and Exchange Commission disclosing that on June 7, 2017, a wholly owned subsidiary of the Company “was informed that the U.S. Department of Justice is conducting a civil and criminal investigation relating to certain elements of the Company’s cost accounting and indirect cost charging practices with the U.S. government.”
On this news, Booz Allen’s share price has significantly declined during intraday trading on June 16, 2017, causing harm to investors.
If you invested in Booz Allen and would like to discuss your legal rights, click here: www.faruqilaw.com/BAH. There is no cost or obligation to you.
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