NEW YORK, May 10, 2023 /PRNewswire/ — Pomerantz LLP is investigating claims on behalf of investors of Spirit AeroSystems Holdings, Inc. (“Spirit” or the “Company”) (NYSE: SPR). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.
The investigation concerns whether Spirit and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On April 13, 2023, media outlets reported that The Boeing Company (“Boeing”) would likely have to reduce deliveries of its 737 Max airplane in the near term because of a problem with a part manufactured by Spirit. Boeing stated that Spirit had informed it that a “non-standard” manufacturing process was used on two fittings in aft fuselages.
On this news, Spirit’s stock price fell $7.38 per share, or 20.73%, to close at $28.22 per share on April 14, 2023.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
[email protected]
888-476-6529 ext. 7980
SOURCE Pomerantz LLP
