Boral Limited (BOALY, BOALF)
Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Boral Limited (BOALY, BOALF)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Boral Limited (“Boral” or the Company”) (OTCMKT: BOALY, BOALF). The investigation concerns whether Boral and certain of its officers and/or directors have violated federal securities laws.
On December 5, 2019, Boral revealed that it found financial irregularities in its North American window business and that it was conducting an internal investigation. Boral mentioned irregularities with misreporting of inventory levels and raw material and labor cost at the window plants. Then on February 9, 2020, Boral announced that the investigation also found overstated earnings at its North American window-making business and divulged that it fired the division’s vice president of finance and financial controller.
If you are aware of any facts relating to this investigation, or purchased Boral shares, you can learn more about the investigation by contacting Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.