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 CIRCOR International, Inc. (NYSE: CIR) resulting from allegations that CIRCOR may have issued materially misleading business information to the investing public.
On February 6, 2020, after the market closed, CIRCOR announced its Chief Financial Officer resigned effective March 2, 2020, while reaffirming the Company’s fourth quarter 2019 financial outlook.
Then on March 2, 2020, CIRCOR announced it would not timely file its financial report for the quarter and year ended December 31, 2019, citing material weaknesses in its internal control over financial reporting and the need for additional time to evaluate the impact of those weaknesses. CIRCOR also announced an independent investigation into accounting and financial reporting at one of its discontinued operations in order to determine whether there are any matters which could have a material impact on the Company's financial results. On this news, CIRCOR's stock price fell sharply.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by CIRCOR investors. If you purchased shares of CIRCOR please visit the firm’s website at http://www.rosenlegal.com/cases-register-1824.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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