Contact a Lawyer Now
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until October 15, 2019 to file lead plaintiff applications in a securities class action lawsuit against Granite Construction Incorporated (NYSE: GVA).
Granite and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On August 2, 2019, pre-market, the Company disclosed disappointing 2Q2019 financial results including revenue of $789.5M and $114.2M in revenue reductions due to previously disclosed non-cash charges related to four legacy joint venture projects.
On this news, the price of Granite’s shares plummeted.
If you purchased securities of Granite and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (firstname.lastname@example.org), or fill out the form on this page.
The case is Greene v. Granite Construction Incorporated, 3:19-cv-04744. Click here to read the case complaint.