LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of REV Group, Inc. ("REV Group" or the "Company") (NYSE: REVG) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. On June 6, 2018, REV Group reported results for the second quarter of 2018 that were below expectations. The Company attributed the miss to “near term commodity price inflation, supply chain constraints and shortfalls in [REV Group’s] Commercial Segment[.]” REV Group also announced that it had replaced its Chief Operating Officer as of June 1, 2018. When this news reached the marketplace, REV Group’s shares fell significantly during intraday trading on June 7, 2018.
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The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
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