Energy News / Shareholders Foundation, Inc.

NYSE: MWA Shareholder Notice: Lawsuit Alleges Misleading Statements by Mueller Water Products, Inc.

Via: ReleaseWire

Updated 12:00 PM CDT, Mon, April 22,2019

A lawsuit was filed on behalf of investors in Mueller Water Products, Inc. (NYSE: MWA) shares over alleged securities laws violations.

San Diego, CA -- (SBWIRE) -- 04/22/2019 -- An investor, who purchased shares of Mueller Water Products, Inc. (NYSE: MWA), filed a lawsuit over alleged Securities Laws violations by Mueller Water Products, Inc.

Investors who purchased shares of Mueller Water Products, Inc. (NYSE: MWA) have certain options and for certain investors are short and strict deadlines running. Deadline: June 10, 2019. NYSE: MWA investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint the plaintiff alleges on behalf of purchasers of Mueller Water Products, Inc. (NYSE: MWA) common shares between May 9, 2016, and August 6, 2018, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between May 9, 2016, and August 6, 2018, the Defendants made false and/or misleading statements and/or failed to disclose that the Company lacked adequate testing for product quality, that certain products with radio components were susceptible to fail prematurely, that, as a result, the Company was reasonably likely to incur increased expenses, including warranty costs, that these costs would materially impact the Company's financial statements, that the Company lacked adequate internal controls over warranty costs and estimates, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of Mueller Water Products, Inc. (NYSE: MWA) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
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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http://www.sbwire.com/press-releases/nyse-mwa-shareholder-notice-lawsuit-alleges-misleading-statements-by-mueller-water-products-inc-1200955.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com