An investigation for investors in Harsco Corporation (NYSE: HSC) shares over potential securities laws violations by Harsco Corporation was announced.
San Diego, CA -- (SBWIRE) -- 02/12/2020 -- An investigation was announced over potential securities laws violations by Harsco Corporation in connection with certain financial statements.
Investors who purchased shares of Harsco Corporation (NYSE: HSC), have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Harsco Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Camp Hill, PA based Harsco Corporation provides environmental solutions and services in North America, Western Europe, Latin America, the Asia Pacific, the Middle East, Africa, and Eastern Europe. Harsco Corporation reported that its annual Total Revenue rose from $1.6 billion in 2017 to $17.2 billion in 2018 and that its Net Income increased from $7.82 million in 2017 to $137.05 million in 2018.
On January 23, 2020, Harsco Corporation announced preliminary financial results for the fourth quarter of 2019. The Company currently expects adjusted operating income to be approximately $31 million. This adjusted operating income compares with the Company's guidance for the quarter of between $53 million and $58 million.
Shares of Harsco Corporation (NYSE: HSC) declined from $23.44 per share on January 2, 2020, to as low as $14.20 per share on January 28, 2020.
Those who purchased shares of Harsco Corporation (NYSE: HSC) have certain options and should contact the Shareholders Foundation.
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The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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