METHODE ELECTRONICS INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Methode Electronics, Inc. - MEI
Methode Electronics, Inc. (MEI)
Last methode electronics, inc. earnings: 3/5 07:00 am
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Source: Business Wire
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Methode Electronics, Inc. (NYSE: MEI).On March 7, 2024, the Company announced its financial results for 3Q2024, disclosing that its Automotive Segment generated only $139.7 million in net sales for the quarter and suffered an $11 million loss from operations, and that it was withdrawing its prior guidance due in substantial part to the “operational challenges” at its Monterrey facility and that its prior statements regarding the guidance should no longer be relied upon.Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information during the Class Period, violating federal securities laws, which remains ongoing.KSF’s investigation is focusing on whether Methode’s officers and
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MEI
News
- METHODE ELECTRONICS INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Methode Electronics, Inc. - MEIPR Newswire
- MEI INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Methode Electronics, Inc. Investors with Losses Have Opportunity to Lead Class Action Lawsuit!Accesswire
- MEI SHAREHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Methode Electronics, Inc. Stockholders with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!Accesswire
- Q3 Earnings Outperformers: Atkore (NYSE:ATKR) And The Rest Of The Electrical Systems Stocks [Yahoo! Finance]Yahoo! Finance
- METHODE ELECTRONICS ALERT: Bragar Eagel & Squire, P.C. is Investigating Methode Electronics Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the FirmGlobeNewswire
MEI
Earnings
- 12/5/24 - Beat
MEI
Sec Filings
- 12/5/24 - Form 8-K
- 12/5/24 - Form 10-Q
- 12/4/24 - Form 4
- MEI's page on the SEC website