EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Manitex International, Inc. – MNTX

Nov 06, 2017 07:36 pm
NEW YORK -- 

Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of purchasers of the securities of Manitex International, Inc. (NASDAQ: MNTX) resulting from allegations that Manitex may have issued materially misleading business information to the investing public.

On November 6, 2017, during aftermarket hours, Manitex disclosed that it improperly recorded revenue in 2016 and that “the Company’s previously issued financial statements for the quarters ended March 31, June 30 and September 30, 2016, year ended December 31, 2016 and quarters ended March 31 and June 30, 2017…can no longer be relied upon.” Manitex stated that it “intends to file [] restated annual and quarterly financial statements” for these periods and that it’s “Audit Committee has engaged external counsel to perform an investigation of these matters.”

Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Manitex investors. If you purchased shares of Manitex, please visit the firm’s website at http://www.rosenlegal.com/cases-1232.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at [email protected] or [email protected].

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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Since 2014, Rosen Law Firm has been ranked #2 in the nation by Institutional Shareholder Services for the number of securities class action settlements annually obtained for investors.

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The Rosen Law Firm, P.A.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com