Cases
Aceto Corporation (ACET)
Securities Class Action
Overview
Overview
- Date:
- 10/8/2018
- Company Name:
- Aceto Corporation
- Stock Symbol:
- ACET
- Status:
- Closed/Complete
NEW YORK, October 8, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims against certain officers and directors of Aceto Corporation (NASDAQ: ACET).
On April 24, 2018, a complaint was filed alleging that defendants made false and/or misleading statements and/or failed to disclose that (i) the company failed to implement and enforce proper internal control to identify the misapplication of cash; (ii) the company would incur large non-cash intangible asset impairment charges; (iii) the company lacked effective internal control over financial reporting; (iv) the company’s financial results for fiscal year 2017 could not be relied upon; (v) the company’s fiscal 2018 financial guidance was overstated; and (vi) as a result of the foregoing, Aceto’s public statements were materially false and misleading at all relevant times.
If you own Aceto shares, have information, 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 Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.
On April 24, 2018, a complaint was filed alleging that defendants made false and/or misleading statements and/or failed to disclose that (i) the company failed to implement and enforce proper internal control to identify the misapplication of cash; (ii) the company would incur large non-cash intangible asset impairment charges; (iii) the company lacked effective internal control over financial reporting; (iv) the company’s financial results for fiscal year 2017 could not be relied upon; (v) the company’s fiscal 2018 financial guidance was overstated; and (vi) as a result of the foregoing, Aceto’s public statements were materially false and misleading at all relevant times.
If you own Aceto shares, have information, 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 Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.