NEW YORK, July 12, 2017 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Amec Foster Wheeler plc ("Foster Wheeler" or the "Company") (NYSE:AMFW).
The investigation focuses on whether the Company and its executives violated federal securities laws. Specifically, during market trading on July 11, 2017, the Company filed a Form 6-K with the Securities and Exchange Commission disclosing that the United Kingdom Serious Fraud Office informed the Company that it has "opened an investigation into Amec Foster Wheeler, predecessor companies and associated persons in respect of the Foster Wheeler business." Furthermore, Foster Wheeler disclosed that the "investigation focuses on the past use of third parties and possible bribery and corruption and related offences."
On this news, Foster Wheeler's American Depository Receipt ("ADR") price declined, causing harm to investors.
If you invested in Foster Wheeler ADRs and would like to discuss your legal rights, click here: www.faruqilaw.com/AMFW. There is no cost or obligation to you.
You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to [email protected].
CONTACT:
FARUQI & FARUQI, LLP
685 Third Avenue, 26th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
[email protected]
Telephone: (877) 247-4292 or (212) 983-9330
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
SOURCE Faruqi & Faruqi, LLP
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