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 January 7, 2020 to file lead plaintiff applications in a securities class action lawsuit against Resideo Technologies, Inc. (NYSE: REZI).
Resideo and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On October 22, 2019, the Company announced its preliminary financial results for 3Q2019, disclosing that it had failed to meet its revenue and earnings targets, it was lowering its recently reaffirmed revenue outlook for fiscal 2019 by $80 million, and that its CFO was leaving the Company.
On this news, the price of Resideo’s shares plummeted more than 40%.
If you purchased shares of Resideo 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 (email@example.com), or fill out the form on this page.
The first filed case is St. Clair County Employees’ Retirement System v. Resideo Technologies, Inc., 19-cv-02863. Click here to read the case complaint.