PR Newswire
NEW YORK, June 30, 2023
NEW YORK, June 30, 2023 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Spirit AeroSystems Holdings, Inc. (NYSE: SPR).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/spirit-class-action-loss-submission-form/?id=41519&from=4
The lawsuit seeks to recover losses for shareholders who purchased Spirit between April 8, 2020 and April 13, 2023.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until July 5, 2023 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Spirit AeroSystems Holdings, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) Spirit lacked effective production quality controls; (2) as a result, Spirit incorrectly installed fittings designed to join the aft fuselage to the vertical tail for some Boeing 737 Max airplanes that Spirit sent to Boeing; (3) as a result, Spirit would have to develop an inspection and repair procedure for the affected fuselages; (4) the foregoing would negatively impact Spirit's financial results; and (5) as a result of the foregoing, defendant's positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (628) 895-0423
F: (212) 537-5887
View original content:https://www.prnewswire.com/news-releases/spr-shareholder-alert-jakubowitz-law-reminds-spirit-shareholders-of-a-lead-plaintiff-deadline-of-july-5-2023-301867197.html
SOURCE Jakubowitz Law
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