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Stock impact report

Investor Alert: Canadian and Foreign-based Investors Can Participate in a Shareholder Class Action against CAE, Inc. [Yahoo! Finance]

CAE Inc. Ordinary Shares (CAE) 
Last cae inc. ordinary shares earnings: 2/7 08:23 am Check Earnings Report
US:NYSE Investor Relations: cae.com/investors
Company Research Source: Yahoo! Finance
disputes, has launched an investigation into CAE Inc. (TSX: "CAE" and FRA: "CE9") CAE is a Canadian incorporation technology company that develops software-based simulation training and critical operations support solutions, which is based in Saint-Laurent , Quebec. It is subject to the Quebec Securities Act. On November 14, 2023 , CAE announced that it made a decision to retire certain "legacy contracts" in its Defense and Security Segment. CAE negligently omitted to disclose to the market what it anticipated the financial impact of retiring these legacy contracts and it omitted to disclose the size of the impairment of goodwill/writeoff. On May 21, 2024 , however, CAE announced that, as a result of a "re-baselining of its Defense business, Defense impairments, [and] accelerated risk recognition on Legacy Contracts," the Company had "recorded a $568.0 million non-cash impairment of Defense goodwill," " $90.3 million in unfavorable Defense contract profit adjustments as a result Show less Read more
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