Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Evoqua Water Technologies Corp. Investors
BENSALEM, Pa.--(BUSINESS WIRE)--Nov 13, 2018--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors that purchased Evoqua Water Technologies Corp. (“Evoqua” or the “Company”) (NYSE: AQUA ) securities between November 6, 2017 and October 30, 2018, inclusive (the “Class Period”). Evoqua investors have until January 7, 2019 to file a lead plaintiff motion.
Investors suffering losses on their Evoqua investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to firstname.lastname@example.org.
On October 30, 2018, Evoqua announced poor preliminary financial results for the fourth quarter and fiscal year ended September 30, 2018. Evoqua disclosed that the underperformances were “primarily due to acquisition system integration issues, supply chain disruptions influenced by tariffs and an extended delay on a large aquatics project.” On this news, shares of Evoqua fell $4.78 per share, or 34.64%, to close at $9.02 on October 30, 2018, thereby injuring investors.
The complaint filed in this class action alleges that throughout the Class Period, the defendants made false and/or misleading statements and/or failed to disclose that: (i) Evoqua failed to successfully integrate its prior acquisitions; (ii) Evoqua was experiencing supply chain disruptions influenced by tariffs and an extended delay on a large aquatics project; and (iii) as a result of the foregoing, Evoqua’s public statements were materially false and misleading at all relevant times.
If you purchased shares of Evoqua, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to email@example.com, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com:https://www.businesswire.com/news/home/20181113006278/en/
CONTACT: Law Offices of Howard G. Smith
Howard G. Smith, Esquire
KEYWORD: UNITED STATES NORTH AMERICA PENNSYLVANIA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Law Offices of Howard G. Smith
Copyright Business Wire 2018.
PUB: 11/13/2018 07:51 PM/DISC: 11/13/2018 07:51 PM