Tenneco Inc. (TEN)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Tenneco Inc. ("Tenneco" or the "Company") (NYSE: TEN). The investigation concerns whether Tenneco and certain of its officers and/or directors have violated federal securities laws.
On November 2, 2020, Tenneco issued a press release announcing its financial and operating results for the third quarter of 2020. Among other results, Tenneco reported a net loss of $499 million, or $6.12 per diluted share, which included a non-tax valuation allowance charge of $523 million. On this news, Tenneco’s stock price fell $1.24 per share, or 14.39%, to close at $7.38 per share on November 2, 2020.
If you are aware of any facts relating to this investigation, or purchased Tenneco shares, you can assist this investigation by visiting 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.