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Water Technologies Corp. (AQUA)

Securities Class Action

Overview
  • Date:
  • 11/7/2018
  • Company Name:
  • Water Technologies Corp.
  • Stock Symbol:
  • AQUA
  • Class Period:
  • FROM 10/6/2017 TO 10/30/2018
  • Status:
  • Closed/Complete
  • Court:
  • U.S. District Court: Southern District of New York

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NEW YORK, November 7, 2018 – Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of all persons or entities who purchased or otherwise acquired Evoqua Water Technologies Corp. (NYSE: AQUA) securities between October 6, 2017 and October 30, 2018 (the “Class Period”).  Investors have until January 7, 2019 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

The class action complaint alleges that throughout the Class Period defendants made materially false and misleading statements, and failed to disclose to investors 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.  The complaint further alleges that investors purchased Evoqua’s common stock at artificially inflated prices during the Class Period and suffered investment losses as a result of the defendants’ conduct.

If you purchased Evoqua securities during the Class Period or continue to hold shares purchased before the Class Period, 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) 355-4648, or by filling out the contact form below.  There is no cost or obligation to you.

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