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Stock impact report

The Toro Company (TTC) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

Toro Company (The) (TTC) 
Last toro company (the) earnings: 3/5 08:30 am Check Earnings Report
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of The Toro Company (“Toro” or “the Company”) (NYSE: TTC). Investors who purchased Toro securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/TTC.Investigation Details:On May 21, 2024, Jehoshaphat Research published a report alleging, among other things, that Toro “has borrowed revenues and earnings from the future by selling excessive product into its dealer channel” and that the Company “set up a cliff” in its near-term operating cash flows worth $400 million or more. On this news, Toro’s stock price fell $3.77 per share, or 4.2%, to close at $86.23 per share on May 21, 2024.What’s Next?If you are aware of any facts relating to this investigation or purchased Toro securities, you can assist this investigation by visiting the firm’s site: bgandg.com/TTC. You can also Show less Read more
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