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DXP Enterprises, Inc. (NASDAQ: DXPE)

Securities Class Action

Overview
  • Date:
  • 3/15/2017
  • Company Name:
  • DXP Enterprises, Inc.
  • Stock Symbol:
  • DXPE
  • Status:
  • Closed/Complete

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NEW YORK, March 15, 2017 – Bragar Eagel & Squire, P.C. is investigating potential claims against DXP Enterprises, Inc. (NASDAQ: DXPE).  Our investigation concerns whether DXP has violated the federal securities laws and/or engaged in other unlawful business practices.

On May 11, 2017 DXP filed a Form NT 10-Q with the U.S. Securities & Exchange Commission, stating that the Company would postpone the filing of its Quarterly Report for the three months ended March 31, 2017. This delay is due to the resignation of DXP’s director of tax at the end of 2016 and the resignation of DXP’s manager of public reporting in March 2017. Following this news, DXP shares fell $1.69 per share, or 4.9%, to close at $32.80 on May 12, 2017.

If you purchased or otherwise acquired DXP securities and suffered a loss, 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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