NEW YORK--(BUSINESS WIRE)--The Klein Law Firm announces the commencement of an investigation of PPG Industries, Inc. (NYSE: PPG) concerning possible violations of federal securities laws.
On April 19, 2018, PPG disclosed it had received a report concerning possible violations of its accounting policies and the identification of approximately $1.4 million in 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.
If you suffered a loss in PPG and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit http://www.kleinstocklaw.com/pslra-c/ppg-industries-inc.
Joseph Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.