LOS ANGELES--(BUSINESS WIRE)--Lundin Law PC, a shareholder rights firm, announces that it is investigating claims against Arconic Inc. (“Arconic” or the “Company”) (NYSE: ARNC, ARNC-P, ARNC-PB) for possible violations of federal securities laws.
To get more information about this investigation, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or by email at firstname.lastname@example.org.
On June 24, 2017, Reuters reported that Arconic supplied flammable panels for use in the Grenfell Tower in London, where 79 people died in a blaze on June 14, 2017. The article also stated that the Company knew the panels would be used at Grenfell Tower, but that Arconic claimed it was not its role to decide what was compliant with local building regulations. When this news was announced, Arconic’s stock price fell. On June 26, 2017, the Company announced that it would discontinue sales of Reynobond PE, the panel model allegedly used at Grenfell Tower.
Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.
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