Glancy Prongay & Murray LLP (GPM) announces an investigation on behalf of Evoqua Water Technologies Corp. (Evoqua or the Company) (NYSE: AQUA) investors 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.
The investigation concerns whether the Company misled investors regarding severe disruptions in the Companys various projects, and the resulting losses to the Companys profitability. On October 30, 2018, Evoqua announced its inadequate preliminary financial results for the fourth quarter and fiscal year ended September 30, 2018. Evoqua disclosed that the underperformances were “primarily due to acquisition system integration issues, supply chain disruptions influenced by tariffs and an extended delay on a large aquatics project.” On this news, shares of Evoqua fell $4.78 per share, or 34.64%, to close at $9.02 on October 30, 2018, thereby injuring investors.
Follow us for updates on Twitter: twitter.com/GPM_LLP.
If you purchased Evoqua, 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, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to [email protected], or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.