LOS ANGELES--(BUSINESS WIRE)--Lundin Law PC, a shareholder rights firm, announces that it is investigating claims against Flowserve Corporation (“Flowserve” or the “Company”) (NYSE: FLS) concerning 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 July 27, 2017, Flowserve announced disappointing Second Quarter 2017 Results. The Company announced that “certain immaterial accounting errors were identified in prior period financial statements for the period beginning in 2013 through the first quarter of 2017…” Also, “the Company determined material weakness existed in its internal control structure at year-end 2016 and continued through the end of the 2017 second quarter.” Upon release of this news, Flowserve’s stock price fell.
Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.
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