RTX FRAUD ALERT: Jakubowitz Law is Investigating RTX Corporation in Connection with Potential Violations of Federal Securities Laws

NEW YORK, July 28, 2023 /PRNewswire/ -- Jakubowitz Law announces that an investigation into potential securities fraud allegations has commenced on behalf of shareholders of RTX Corporation (NYSE: RTX)

To be contacted by a member of our team, fill out the form:

https://claimyourloss.com/securities/rtx-class-action-loss-submission-form/?id=42684&from=4

Further details on the investigation: On July 25, 2023, the Company reported its Q2 earnings which disclosed a "condition" in its Pratt & Whitney jet engine unit. The Company stated, "Pratt & Whitney has determined that a rare condition in powdered metal used to manufacture certain engine parts will require accelerated fleet inspection." The Company expects a significant portion of the PW1100G-JM engine fleet will require accelerated removals and inspection within the next nine to twelve months.   On this news, RTX stock price fell sharply from $97.01 per share on July 24, 2023 to $86.87 on July 25, 2023. 

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (628) 895-0423
F: (212) 537-5887

SOURCE Jakubowitz Law

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