Mueller Water Products, Inc.
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Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of Mueller Water Products, Inc. (NYSE: MWA) from May 9, 2016 through August 6, 2018, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Mueller investors under the federal securities laws.
If you bought Mueller securities between May 9, 2016 and August 6, 2018, and would like to join the action, please click “Join This Class Action,” above.
SHAREHOLDER ALERT: Zhang Investor Law Announces the Filing of a Securities Class Action Lawsuit Against Mueller Water Products, Inc. – MWA
New York, N.Y., April 17, 2019. Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of Mueller Water Products, Inc. (NYSE: MWA) from May 9, 2016 through August 6, 2018, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Mueller investors under the federal securities laws.
To join the Mueller class action, go to http://zhanginvestorlaw.com/cases/mueller-water-products-inc/ or call Sophie Zhang, Esq. or toll-free at 800-991-3756 or email firstname.lastname@example.org for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT.
According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Mueller lacked adequate testing for product quality; (2) certain products with radio components were susceptible to fail prematurely; (3) as a result, Mueller was reasonably likely to incur increased expenses, including warranty costs; (4) these costs would materially impact Mueller’s financial statements; (5) Mueller lacked adequate internal controls over warranty costs and estimates; and (6) as a result of the foregoing, Mueller’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 10, 2019. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://zhanginvestorlaw.com/cases/mueller-water-products-inc/ or to discuss your rights or interests regarding this class action, please contact Sophie Zhang, Esq. of Zhang Investor Law toll free at 800-991-3756 or via e-mail at email@example.com.
Zhang Investor Law represents investors worldwide.