NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a national securities and consumer rights litigation firm, is investigating whether certain directors and officers of Honeywell International Inc. (“Honeywell” or the “Company”) (NYSE: HON) breached their fiduciary duties to the Company and its shareholders. If you are a Honeywell shareholder, you are encouraged to contact attorney Joe Pettigrew with Scott+Scott for additional information at (844) 818-6982 or firstname.lastname@example.org.
Scott+Scott is investigating whether members of Honeywell’s board of directors made, or failed to make, decisions allowing Honeywell to operate in violation of certain laws and regulations.
On August 23, 2018, Honeywell disclosed that the Company’s asbestos-related liability was estimated to be $1.1 billion higher than its previous estimates. On October 19, 2018, Honeywell said the Securities and Exchange Commission (“SEC”) had opened an investigation into the Company’s accounting for asbestos-related liabilities. On October 31, 2018, investors filed a securities class action lawsuit regarding the above.
On July 18, 2019, Honeywell announced that it is under investigation by U.S. and Brazilian regulators for possible violations of the U.S. Foreign Corrupt Practices Act in relation to former third-party workers from its Honeywell UOP business in Brazil relating to Petróleo Brasileiro SA. U.S. regulators are also examining a matter involving a foreign Honeywell subsidiary’s prior engagement of Unaoil S.A.M. in Algeria
What You Can Do
If you are a Honeywell shareholder, you may have legal claims against the Company’s directors and officers. If you wish to discuss this investigation, or have questions about this notice or your legal rights, please contact attorney Joe Pettigrew toll-free at (844) 818-6982 or email@example.com.
About Scott+Scott Attorneys at Law LLP
Scott+Scott has significant experience in prosecuting major securities, antitrust, and employee retirement plan actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California, and Ohio.