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 Spirit AeroSystems Holdings, Inc. (NYSE: SPR) resulting from allegations that Spirit AeroSystems may have issued materially misleading business information to the investing public.
In December 2019, Spirit AeroSystems launched a review of its accounting process compliance and “determined that it did not comply with established accounting processes related to certain potential contingent liabilities[.]” On January 30, 2019, Spirit AeroSystems announced the resignations of both its Chief Financial Officer and Principal Accounting Officer for failure to comply with accounting rules on contingencies.
On this news, the Company’s stock price fell during intraday trading on January 30, 2020, injuring investors.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Spirit AeroSystems investors. If you purchased shares of Spirit AeroSystems please visit the firm’s website at http://www.rosenlegal.com/cases-register-1765.html to join the class action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at firstname.lastname@example.org or email@example.com.
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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. Rosen Law Firm has secured hundreds of millions of dollars for investors.
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