Glancy Prongay & Murray LLP (GPM) announces an investigation on behalf of CPI Aerostructures, Inc. investors (CPI or the Company) (NYSE American: CVU) concerning the Company and its officers possible violations of federal securities laws.
If you are a shareholder who suffered a loss, click here to participate.
On February 8, 2019, CPI announced that its previously issued financial statements for the three and nine months ended September 30, 2018 should no longer be relied upon due to an error related to the Companys billing process which caused an overstatement of revenue.
On this news, CPIs share price fell 8.5% to close at $6.34 per share on February 8, 2019, thereby injuring investors.
If you purchased CPI stock, have information, or 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 Lesley Portnoy, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, CA 90067 at 310-201-9150, Toll-Free at 888-773-9224, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number, and the number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.