SHAREHOLDER ALERT: Monteverde & Associates PC Reminds Shareholders of Class Action Filed Against Arconic, Inc. and Encourages Shareholders with Significant Losses to Contact the Firm - ARNC

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Jul 26, 2017, 09:21 ET

NEW YORK, July 25, 2017 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a boutique securities firm headquartered at the Empire State Building in New York City announces that a securities class action lawsuit has been filed against Arconic, Inc. (NYSE: ARNC, NYSE: ARNC-P, NYSE: ARNC-PB) ("Arconic" or the "Company") on behalf of purchasers of the Company's securities between February 28, 2017 and June 26, 2017, inclusive (the "Class Period").

The lawsuit is based on whether Arconic and its executives violated federal securities law by misleading investors by making false and/or misleading statements and/or failing to disclose that the Company knowingly supplied its highly flammable Reynobond PE (polyethylene) cladding panels for use in construction.

According to the Complaint Arconic failed to disclose that the foregoing conduct greatly increased the risk of property damage, injury and/or death in buildings constructed with Arconic's Reynobond PE panels; and that as a result of the above, the Company's public statements were materially false and misleading at all relevant times. When this information reached the public, shares of Arconic declined in value materially, which caused investors harm according to the Complaint.

Mr. Monteverde would like to personally discuss with you how to potentially recover your monetary losses, if incurred during the Class Period.

If you wish to serve as lead plaintiff, you must move the Court no later than September 11, 2017. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.

Click here for more information: http://monteverdelaw.com/securities/. It is free and there is no cost or obligation to you.

Monteverde & Associates PC is a boutique class action securities and consumer litigation law firm committed that has recovered millions of dollars and is committed to protecting shareholders and consumers from corporate wrongdoing. Monteverde & Associates PC lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions, whereby they protect investors by recovering money and remedying corporate misconduct.

Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave, Suite 4405
New York, NY 10118
United States of America
[email protected]
Tel: (212) 971-1341
Attorney Advertising. (C) 2017 Monteverde & Associates PC. Prior results do not guarantee a similar outcome with respect to any future matter.

SOURCE Monteverde & Associates PC