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Marketwired
Marketwired
Articles 

IMPORTANT EQUITY ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against TechnipFMC plc and Encourages Investors with Losses to Contact the Firm

August 11, 2017 | About:

IRVINE, Calif., Aug. 11, 2017 (GLOBE NEWSWIRE) -- Khang & Khang LLP (the âFirmâ) announces the filing of a securities class action lawsuit against TechnipFMC plc (âTechnipFMCâ or the âCompanyâ) (:FTI). Investors who purchased or otherwise acquired shares between April 27, 2017 and July 24, 2017, inclusive (the âClass Periodâ), are encouraged to contact the Firm in advance of the October 2, 2017 lead plaintiff motion deadline.

If you purchased TechnipFMC shares during the Class Period, please contact Joon M. Khang, Esq., of Khang & Khang LLP, 4000 Barranca Parkway, Suite 250, Irvine, CA 92604, by telephone at (949) 419-3834, or by e-mail at [email protected].

There has been no class certification in this case yet. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member as well.

According to the Complaint, throughout the Class Period, TechnipFMC made false and/or misleading statements, and/or failed to disclose: that the Company had a material weakness in its internal control over rates used in the calculations of the foreign currency effects on certain of its engineering and construction projects; that TechnipFMC lacked effective internal controls over financial reporting; and thus the Companyâs public statements were materially false and misleading at all relevant times. When this information was announced, shares of TechnipFMC declined in value materially, which caused investors harm according to the Complaint.

If you wish to learn more about this lawsuit, or if you have any questions concerning this notice or your rights, please contact Joon M. Khang, Esq., a prominent litigator for almost two decades, by telephone at (949) 419-3834, or via e-mail at [email protected].

This press release may constitute Attorney Advertising in certain jurisdictions.

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Contact
Joon M. Khang, Esq.
Telephone: 949-419-3834
Facsimile: 949-225-4474
[email protected]

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