ARNC INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Arconic Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

11.02.25 22:00 Uhr

NEW YORK, Feb. 11, 2025 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Arconic Corporation ("Arconic" or "the Company") (NYSE: ARNC) and certain of its officers.

Bronstein, Gewirtz & Grossman, LLC (PRNewsfoto/Bronstein, Gewirtz & Grossman, LLC)

Class Definition

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Arconic securities between April 19, 2022 and May 3, 2023, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/ARNC.

Case Details

The Complaint alleges that Arconic and certain of its senior officers and directors failed to disclose offers to purchase all of the outstanding shares of Arconic common stock at a material premium far above the Company's then-current stock price, while at the same time repurchasing millions of shares of Arconic common stock through stock buyback programs at prices below the offer price. The Complaint alleges that these failures to disclose material non-public information artificially deflated the price of Arconic common stock. The Complaint continues to allege that Arconic had an obligation to either disclose that it had received a formal acquisition offer from Apollo Global Management, Inc. ("Apollo") or abstain from trading in its own securities.

What's Next?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/ARNC. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660. If you suffered a loss in Arconic you have until March 31, 2025, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Attorney advertising. Prior results do not guarantee similar outcomes.

Contact

Bronstein, Gewirtz & Grossman, LLC

Peretz Bronstein or Nathan Miller

332-239-2660 | info@bgandg.com

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/arnc-investor-alert-bronstein-gewirtz--grossman-llc-announces-that-arconic-corporation-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit-302365071.html

SOURCE Bronstein, Gewirtz & Grossman, LLC

Nachrichten zu Arconic

Wer­bung

Analysen zu Arconic

DatumRatingAnalyst
07.08.2019Arconic OverweightBarclays Capital
29.03.2018Arconic Equal WeightBarclays Capital
13.07.2017Arconic BuySeaport Global Securities
06.03.2017Arconic buyGoldman Sachs Group Inc.
08.12.2016Arconic BuyArgus Research Company
DatumRatingAnalyst
07.08.2019Arconic OverweightBarclays Capital
13.07.2017Arconic BuySeaport Global Securities
06.03.2017Arconic buyGoldman Sachs Group Inc.
08.12.2016Arconic BuyArgus Research Company
DatumRatingAnalyst
29.03.2018Arconic Equal WeightBarclays Capital
DatumRatingAnalyst

Keine Analysen im Zeitraum eines Jahres in dieser Kategorie verfügbar.

Eventuell finden Sie Nachrichten die älter als ein Jahr sind im Archiv

Um die Übersicht zu verbessern, haben Sie die Möglichkeit, die Analysen für Arconic nach folgenden Kriterien zu filtern.

Alle: Alle Empfehlungen

Buy: Kaufempfehlungen wie z.B. "kaufen" oder "buy"
Hold: Halten-Empfehlungen wie z.B. "halten" oder "neutral"
Sell: Verkaufsempfehlungn wie z.B. "verkaufen" oder "reduce"
mehr Analysen