Arconic Corp Class Action: Essential Info for Investors
Investors of Arconic Corporation Take Note
Attention all shareholders of Arconic Corporation, this is an important update regarding a class action lawsuit that might affect your investments with the company. The firm Levi & Korsinsky, LLP has initiated action to assist shareholders who experienced financial loss due to alleged securities fraud related to the company.
Understanding the Class Action Lawsuit
This class action seeks to provide recovery for investors of Arconic Corporation who may have sold shares between specific dates and suffered due to misleading information from the company's leadership. It includes all individuals who owned publicly traded shares of Arconic common stock between April 19, 2022, and May 3, 2023.
What You Should Know About the Allegations
The crux of the lawsuit revolves around alleged false statements made by Arconic's executives regarding the integrity of their share repurchase programs. It’s asserted that these programs were claimed to comply with federal regulations but, in fact, were conducted while the company was privy to undisclosed material information.
Key Dates for Investors
For those affected, it’s crucial to act swiftly. You will need to engage in the process before the deadline to appoint a lead plaintiff which is March 31, 2025. Keep in mind, your participation in any potential recovery does not hinge on being a lead plaintiff.
No Costs Involved
An encouraging note for affected investors is that if you qualify as a class member, you may secure compensation without incurring out-of-pocket fees. This means that there are no financial obligations or costs to take part in this action, allowing more investors to have their voices heard without financial strain.
Why Choose Levi & Korsinsky?
Levi & Korsinsky is not new to the world of securities litigation. With over two decades of experience and a remarkable track record, this legal team has successfully retrieved hundreds of millions of dollars for individual investors. They have been ranked among the best in the sector, making them a trustworthy partner in this legal matter.
Steps to Getting Involved
If you believe you have been impacted by the stock performance of Arconic due to the actions described, it is recommended that you reach out to the firm for guidance on how to proceed. You can contact Joseph E. Levi, Esq. directly via email or telephone. They are prepared to assist you every step of the way.
Contact Information
The office of Levi & Korsinsky is available for investor inquiries. You can reach them at:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
Email: jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
Website: www.zlk.com
Frequently Asked Questions
What is the nature of the lawsuit against Arconic Corporation?
The lawsuit addresses alleged securities fraud that has impacted shareholders negatively.
Who can participate in the class action lawsuit?
Any individual who held publicly traded shares of Arconic between April 19, 2022, and May 3, 2023, is eligible to participate.
What are the key deadlines for this legal action?
Investors have until March 31, 2025, to request appointment as lead plaintiff.
What costs should investors be aware of?
There are no costs for participating in the lawsuit as a class member.
How can I contact Levi & Korsinsky?
You can reach out to them via email or telephone for assistance regarding the lawsuit.
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