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Arconic, Inc. (NYSE: ARNC)

Securities Class Action

Overview
  • Date:
  • 10/11/2017
  • Company Name:
  • Arconic, Inc.
  • Stock Symbol:
  • ARNC
  • Class Period:
  • FROM 11/4/2013 TO 6/26/2017
  • Status:
  • Closed/Complete
  • Court:
  • U.S. District Court: Western District of Pennsylvania

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NEW YORK, October 11, 2017 – Bragar Eagel & Squire, P.C. reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Western District of Pennsylvania on behalf of all persons or entities who purchased or otherwise acquired Arconic, Inc. (NYSE: ARNC) securities between November 4, 2013 and June 26, 2017 (the “Class Period”).  Investors have until December 8, 2017 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

The class action complaints collectively allege that, throughout the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Arconic knowingly supplied its highly-flammable Reynobond PE (polyethylene) cladding panels; (ii) the foregoing conduct significantly increased the risk of property damage, injury and/or death in buildings constructed with Reynobond PE panels; (iii) Arconic's marketing and sales of Reynobond PE in high-rise tower projects directly conflicted with the Arconic's claimed culture of safety, ethics, and legal compliance; and (iv) as a result of the foregoing, Arconic's public statements were materially false and misleading at all relevant times.

If you purchased or otherwise acquired Arconic securities during the Class Period or continue to hold shares purchased prior to 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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