NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Kirby Corporation (NYSE: KEX) on behalf of Kirby stockholders. Our investigation concerns whether Kirby has violated the federal securities laws and/or engaged in other unlawful business practices.
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On July 8, 2020, Kirby announced that it would be restating certain of its financial results for the first quarter 2020. The Company determined it previously understated a non-cash non-recurring goodwill impairment charge.
The price of Kirby stock fell following the announcement, to close at $48.77 per share on July 8, 2020.
If you purchased or otherwise acquired Kirby shares and suffered a loss, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato or Marion Passmore by email at firstname.lastname@example.org, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
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Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.