Bragar Eagel & Squire, PC Investigates Raytheon Technologies Corporation on Behalf of Long-Term Shareholders and Encourages Investors to Contact the Company
NEW YORK, December 04, 2021– (COMMERCIAL THREAD) – Bragar Eagel & Squire, PC, a nationally recognized law firm, is investigating potential claims against Raytheon Technologies Corporation (NYSE: RTX) on behalf of long-term shareholders following a class action lawsuit filed against Raytheon on October 30, 2020. Our investigation examines whether Raytheon’s board of directors has breached its fiduciary duties to the company.
The complaint alleges that throughout the Class Period, the Defendants made false and / or misleading statements and / or failed to disclose that: (1) Raytheon had inadequate disclosure controls and procedures and internal control on financial reports; (2) Raytheon had faulty financial accounting; (3) as a result, Raytheon has misreported its costs for Raytheon’s Missiles and Defense business since 2009; (4) because of the above, Raytheon was at risk of increased government scrutiny; (5) as a result of the foregoing, Raytheon would be subject to a criminal investigation by the United States Department of Justice (âDOJâ); and (6) accordingly, the defendants’ public statements were materially false and / or misleading at all material times. When the real details entered the market, the lawsuit claims that investors have suffered damage.
If you are a long-term Raytheon shareholder, have any information, would like to learn more about these claims, or have any questions regarding this announcement or your rights or interests in any such matters, please contact Brandon Walker or Alexandra B Raymond by e-mail at [email protected], or by phone at (212) 355-4648, or by fill out this contact form. There is no cost or obligation for you.
About Bragar Eagel & Squire, PC:
Bragar Eagel & Squire, PC is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivatives and other complex litigation in state and federal courts across the country. For more information about the company, please visit www.bespc.com. Lawyer advertising. Past results do not guarantee similar results.
See the source version on businesswire.com: https://www.businesswire.com/news/home/20211203005613/en/