Energy News / Shareholders Foundation, Inc.

NYSE:ADNT Shareholder Alert: Investigation over Possible Securities Laws Violations by Adient Plc

Via: ReleaseWire

Updated 12:36 PM CDT, Wed, July 11,2018

An investigation for investors in Adient plc (NYSE: ADNT) shares over potential securities laws violations by Adient plc was announced.

San Diego, CA -- (SBWIRE) -- 07/11/2018 -- An investigation was announced for investors of Adient plc (NYSE: ADNT) shares concerning potential securities laws violations by Adient plc in connection with certain financial statements.

Investors who purchased shares of Adient plc (NYSE: ADNT), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Adient plc (NYSE: ADNT) concerning whether a series of statements by Adient regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On June 11, 2018, Adient announced that Chief Executive Officer R. Bruce McDonald is stepping down, and the company slashed its profit forecast for the year. Following this news, shares of Adient plunged more than 17% in early market trading. Shares of Adient plc (NYSE: ADNT) declined from $85.92 per share in October 2017 to as low as $47.03 per share on June 11, 2018.

Those who purchased shares of Adient plc (NYSE: ADNT) 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

For more information on this press release visit:
http://www.sbwire.com/press-releases/nyseadnt-shareholder-alert-investigation-over-possible-securities-laws-violations-by-adient-plc-1009659.htm

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