NEW YORK–(BUSINESS WIRE)–$APOG #classaction–The law firm of Kirby
McInerney LLP reminds investors that a class action lawsuit has been
filed in the U.S. District Court for the District of Minnesota on behalf
of all persons or entities who acquired Apogee Enterprises, Inc.
(“Apogee” or the “Company”) (NASDAQ: APOG)
securities between June 28, 2018 and September 17, 2018 (the
“Class Period”). Investors have until January 4, 2019 to apply to the
Court to be appointed as lead plaintiff in the lawsuit.
According to the lawsuit, defendants failed to disclose that: (i) Apogee
lacked the required labor force in place to ramp-up its production; (ii)
Apogee was unable to hire, train and retain new employees; and (iii)
Apogee’s productivity and margins would be negatively impacted. When the
true details entered the market on September 18, 2018, Apogee stock fell
$5.74 per share, or nearly 12%, from its previous closing price of
$48.22 to close at $42.48 per share on September 18, 2018.
If you acquired Apogee securities, have information, or would like to
learn more about these claims, please contact Thomas
W. Elrod of Kirby McInerney LLP at 212-371-6600, by email at investigations@kmllp.com,
or by filling out this
contact form, to discuss your rights or interests with respect to
these matters without any cost to you.
Kirby McInerney LLP is a New York-based plaintiffs’ law firm
concentrating in securities, antitrust, and whistleblower litigation.
The firm’s efforts on behalf of shareholders in securities litigation
have resulted in recoveries totaling billions of dollars. Additional
information about the firm can be found at Kirby McInerney LLP’s
website: www.kmllp.com.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
Contacts
Kirby McInerney LLP
Thomas W. Elrod, Esq., (212) 371-6600
investigations@kmllp.com
www.kmllp.com
