Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into SNC-Lavalin Group Inc. (OTC: SNCAF).
On January 28, 2019, the Company disclosed that underperformance of a project had resulted in a lower-than-expected earnings before interest and taxes in its Mining & Metallurgy Segment in 2018. On this news, the price of SNC-Lavalin’s shares plummeted $10.30 per share or 28% to close at $26.37 per share on January 28, 2019.
KSF’s investigation is focusing on whether SNC-Lavalin and/or its officers and directors violated state or federal securities laws.
If you are a SNC-Lavalin shareholder and have suffered losses, 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 click here.