16.03.2017 20:30:00
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of NN, Inc. - NNBR
NEW YORK, March 16, 2017 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of NN, Inc. ("NN" or the "Company") (NASDAQ: NNBR). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.
The investigation concerns whether NN and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here to join a class action]
On March 16, 2017, NN disclosed that the Company had "identified material weaknesses in our internal control over financial reporting which could, if not remediated, result in material misstatements in our financial statements. Because of these material weaknesses, our management concluded that we did not maintain effective internal control over financial reporting as of December 31, 2016."
On this news, NN's share price has fallen during intraday trading on March 16, 2017.
The Pomerantz Firm, with offices in New York, Chicago, Florida, and Los Angeles, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-nn-inc--nnbr-300425099.html
SOURCE Pomerantz LLP
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