NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until April 10, 2020 to file lead plaintiff applications in a securities class action lawsuit against Spirit AeroSystems Holdings, Inc. (NYSE: SPR), if they purchased the Company’s securities between October 31, 2019 and January 29, 2020, inclusive (the “Class Period”). This action is pending in the United States District Court for the Northern District of Oklahoma.
What You May Do
If you purchased securities of Spirit AeroSystems and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (email@example.com), or visit https://www.ksfcounsel.com/cases/nyse-spr/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by April 10, 2020.
About the Lawsuit
Spirit and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On January 30, 2020, the Company disclosed that it had failed to “comply with its established accounting processes related to certain potential contingent liabilities that were received by Spirit after the end of third quarter 2019” and that its Senior Vice President and Chief Financial Officer had resigned.
On this news, the price of Spirit’s shares plummeted.
The case is Goldman v. Spirit AeroSystems Holdings, Inc. et al, 4:20cv54.
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana.
To learn more about KSF, you may visit www.ksfcounsel.com.