SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Eaton Corp. plc of Commencement of a Class Action Lawsuit & ...
26 Agosto 2016 - 3:35PM
Business Wire
The following statement is being issued by Levi & Korsinsky,
LLP:
To: All persons or entities who purchased or otherwise
acquired securities of Eaton Corporation plc (“Eaton” or the
“Company”) (NYSE: ETN) between
November 13, 2013 and July 28, 2014.
You are hereby notified that a securities class action
has commenced in the USDC for the Southern District of New York. If
you purchased or otherwise acquired Eaton securities between
November 13, 2013 and July 28, 2014, your rights may be affected by
this action. To get more information go to:
http://www.zlk.com/pslra/eaton-corporation-plc.
The complaint alleges that, throughout the Class Period,
defendants issued false and misleading statements regarding the
Company’s ability to divest its automobile-part manufacturing
business, causing the stock to trade at artificially inflated
prices.
In 2012, the Company merged with Cooper Industries plc, which
reincorporated Eaton in Ireland. Following the merger and during
the Class Period, Eaton executives falsely assured investors of the
continued feasibility of divesting the Company’s automobile-part
manufacturing business on a tax-free basis. Then on July 29, 2014,
Eaton CEO Alexander M. Cutler informed investors that the Company
was—and had been—“well aware” of tax-law restrictions related to
the merger with Cooper which would make it infeasible to divest the
vehicle business until late 2017.
If you suffered a loss in Eaton you have until September 23, 2016 to request that the Court
appoint you as lead plaintiff. Your ability to share in any
recovery doesn’t require that you serve as a lead plaintiff. To
obtain additional information, contact Joseph E. Levi, Esq. either
via email at jlevi@zlk.com or by telephone at (212) 363-7500,
toll-free: (877) 363-5972, or visit
http://www.zlk.com/pslra/eaton-corporation-plc.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, California, Connecticut, and Washington D.C. The
firm’s attorneys have extensive experience representing investors
in securities litigation involving financial fraud, and have
recovered hundreds of millions of dollars for aggrieved
shareholders. Attorney advertising. Prior results do not guarantee
similar outcomes.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160826005332/en/
Levi & Korsinsky, LLPJoseph E. Levi, Esq.Tel:
212-363-7500Toll Free: 877-363-5972Fax: 212-363-7171www.zlk.com
Grafico Azioni Eaton (NYSE:ETN)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni Eaton (NYSE:ETN)
Storico
Da Lug 2023 a Lug 2024