BENSALEM, Pa. –Law Offices of Howard G. Smith announces an investigation on behalf of AZZ Inc. (“AZZ” or the “Company”) (NYSE: AZZ) investors concerning the Company and its officers’ possible violations of federal securities laws.
On January 9, 2018, AZZ disclosed that upon the recommendation of the Company’s management and in consultation with the Company’s Audit Committee and independent registered public accounting firm, BDO USA, LLP, on January 4, 2018 determined that “the Company historically should have accounted differently for certain contracts within its Energy Segment.” As a result, AZZ is reviewing the impact of this change on its historical accounting and financial results from 2015 through 2017 and announced it is delaying the release of its Form 10-Q for the quarter ended November 30, 2017.
On this news, shares of AZZ fell sharply during intraday trading on January 9, 2018, thereby injuring investors.
If you purchased AZZ securities, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected], or visit our website at www.howardsmithlaw.com.
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