Cases
TechnipFMC plc (NYSE: FTI)
Securities Class Action
Overview
Overview
- Date:
- 7/27/2017
- Company Name:
- TechnipFMC plc
- Stock Symbol:
- FTI
- Status:
- Closed/Complete
NEW YORK, July 27, 2017 – Bragar Eagel & Squire, P.C. is investigating potential claims against TechnipFMC plc. (NYSE: FTI). Our investigation concerns whether TechnipFMC has violated the federal securities laws and/or engaged in other unlawful business practices.
On July 24, 2017, TechnipFMC announced that “errors existed within certain rates used in the calculations of the foreign currency effects on certain of its engineering and construction projects,” and that certain “financial statements previously filed with the SEC should no longer be relied upon because of material errors in such financial statements.”
Following this news, shares of TechnipFMC fell $0.48, or 1.7%, to close at $27.56 on July 25, 2017.
If you purchased or otherwise acquired TechnipFMC 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.
On July 24, 2017, TechnipFMC announced that “errors existed within certain rates used in the calculations of the foreign currency effects on certain of its engineering and construction projects,” and that certain “financial statements previously filed with the SEC should no longer be relied upon because of material errors in such financial statements.”
Following this news, shares of TechnipFMC fell $0.48, or 1.7%, to close at $27.56 on July 25, 2017.
If you purchased or otherwise acquired TechnipFMC 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.