Energy News / Shareholders Foundation, Inc.

NYSE: TXT Investor Alert: Deadline on October 21, 2019 in Lawsuit Against Textron Inc.

Via: ReleaseWire

Updated 11:45 AM CDT, Tue, October 15,2019

A Deadline is coming up on October 21, 2019 in the lawsuit for certain investors in Textron Inc. (NYSE: TXT).

San Diego, CA -- (SBWIRE) -- 10/15/2019 -- A deadline is coming up on October 21, 2019 in the lawsuit filed for certain investors in NYSE: TXT shares.

Investors who purchased shares of Textron Inc. (NYSE: TXT) should contact the Shareholders Foundation at or call +1(858) 779 - 1554.

Theplaintiff alleges on behalf of purchasers of Textron Inc. (NYSE: TXT) common shares between January 31, 2018 and October 17, 2018, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between January 31, 2018 and October 17, 2018, the Defendants failed to disclose that end-market sales of Arctic Cat products were slowing, resulting in a massive glut of old Arctic Cat inventory on dealers' floors, that in order to clear out this old inventory, the Company provided significant price discounts, which negatively impacted Textron's earnings, and that as a result, Textron's positive statements about Arctic Cat's business, operations, and prospects were false and misleading

Those who purchased shares of Textron Inc. (NYSE: TXT) have certain options and should contact the Shareholders Foundation.

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

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.

For more information on this press release visit:

Media Relations Contact
Michael Daniels
Email: Click to Email Michael Daniels