AECOM Faces Investigation Over Securities Law Potential Violations
Levi & Korsinsky is investigating potential securities law violations concerning AECOM (ACM). The company's reported quarterly earnings showed an adjusted loss of approximately $0.50 per share.
New York – Law firm Levi & Korsinsky has initiated an investigation into AECOM (ACM), a global provider of design, consulting, construction, and management services. The probe will examine potential violations of federal securities laws.
The investigation is linked to the company's financial disclosures. AECOM had previously reported adjusted earnings per share of $1.29 and guided for a full-year midpoint of $5.95. However, the reported quarter resulted in an adjusted loss of approximately $0.50 per share.
Levi & Korsinsky is seeking investors with information regarding AECOM's business and operations to come forward. The firm specializes in representing investors in class-action lawsuits, and the investigation will assess whether AECOM's public statements were misleading or omitted crucial details.
The company's stock performance has been under scrutiny, and this investigation could lead to further legal and financial repercussions. AECOM has not yet issued a public statement regarding the investigation.