NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of PPG Industries, Inc. (NYSE: PPG) resulting from allegations that PPG may have issued materially misleading business information to the investing public.
On May 10, 2018, after market close, PPG disclosed that its Audit Committee had found evidence that improper accounting entries were made by certain employees at the direction of PPG’s former vice president and controller. PPG’s former vice president was terminated as of May 10, 2018. PPG reported that its financial statements for the 2017 year should not be relied upon and that PPG would be unable to timely file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2018. On this news, shares of PPG have fallen sharply during intraday trading on May 11, 2018.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by PPG investors. If you purchased shares of PPG please visit the firm’s website at http://www.rosenlegal.com/cases-1343.html to join the class action. You may also contact Phillip Kim or Zachary Halper of Rosen Law Firm toll free at 866-767-3653 or via email at firstname.lastname@example.org or email@example.com.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm.
Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013.
Attorney Advertising. Prior results do not guarantee a similar outcome.