ROSEN, TRUSTED INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Raytheon Technologies Corporation – RTX, RTN
/EIN News/ -- NEW YORK, Oct. 29, 2020 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Raytheon Technologies Corporation (NYSE: RTX, RTN) resulting from allegations that Raytheon Technologies may have issued materially misleading business information to the investing public.
On October 27, 2020, Raytheon Technologies announced that “[o]n October 8, 2020, the Company received a criminal subpoena from the DOJ [U.S. Department of Justice] seeking information and documents in connection with an investigation relating to financial accounting, internal controls over financial reporting, and cost reporting regarding Raytheon Company's Missiles & Defense business since 2009[,]” in the Company’s quarterly report on Form 10-Q filed with the SEC.
On this news, the price of Raytheon Technologies shares fell $4.19 per share, or 7%, to close at $52.34 per share on October 28, 2020.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Raytheon Technologies’ investors. If you purchased shares of Raytheon Technologies, please visit the firm’s website at http://www.rosenlegal.com/cases-register-1975.html to join the class action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or cases@rosenlegal.com.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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