Lendlease Corporation Limited (LLESY)

Investigation 

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Lendlease Corporation Limited

("Lendlease " or "the Company") (OTC: LLESY). The investigation concerns whether Lendlease and certain of its officers and/or directors have violated federal securities laws.

 

On November 9, 2018, Lendlease stated that it required a previously unannounced provision of AU$350M due to underperformance in its engineering division. Following this news, Lendlease’s American depositary receipt ("ADR") price dropped $3.12 per ADR, or 24%, to close at $9.48 on November 12, 2018.

If you are aware of any facts relating to this investigation, or purchased Lendlease shares, you can assist this investigation by contacting the firm. You can also contact 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.

© 2020 Bronstein, Gewirtz & Grossman, LLC

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BG&G is not affiliated to any of these companies. All respective trademarks are owned by the respective companies.