NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky announces it has commenced an investigation of PPG Industries, Inc. (“PPG” or “the Company”) (NYSE:PPG) concerning possible violations of federal securities laws.
On April 19, 2018, PPG issued a press release disclosing it had received a report concerning possible violations of its accounting policies and the identification of approximately $1.4 million of expenses that should have been accrued in the first quarter. Then on May 10, 2018, PPG announced that certain previously issued financial statements could no longer be relied upon. As part of the investigation, the Company also determined that “certain improper accounting entries were made by certain employees at the direction of the Company’s former vice president and controller,” whose employment was terminated. To obtain additional information, go to:
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