SPIRIT AEROSYSTEMS SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors With Loss...
05 Juni 2013 - 4:00AM
Marketwired
Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former
Attorney General of Louisiana, Charles C. Foti, Jr., remind
investors that they have until
August 2, 2013
to file lead plaintiff applications in a securities class action
lawsuit against Spirit AeroSystems Holdings, Inc. (NYSE: SPR), if
they purchased the Company's securities during the period between
May 5, 2011 and October 24, 2012, inclusive (the "Class Period").
This action is pending in the United States District Court for the
District of Kansas.
What You May Do
If you purchased shares of Spirit AeroSystems 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, call toll free at 1-877-515-1850, or
email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com)
or KSF Partner Melinda Nicholson
(melinda.nicholson@ksfcounsel.com). If you wish to serve as a lead
plaintiff in this class action, you must petition the Court by
August 2, 2013.
About the Lawsuit
Spirit AeroSystems and certain of its senior executives are
charged with issuing a series of materially false and misleading
statements during the Class Period, in violation of federal
securities laws.
These false statements and omissions included, in part, that:
(a) the Company was having difficulties in executing its
diversification and growth strategy as it expanded its
customer-base, manufacturing sites, and product design
capabilities, while managing multiple development programs with
significant design changes and schedule delays; (b) the Company
lacked adequate internal and financial controls, specifically
adequate controls over cost overruns for numerous programs; and (c)
as a result of the above, the Company's financial statements were
materially false and misleading at all relevant times.
About Kahn Swick & Foti, LLC
To learn more about KSF, whose partners include the Former
Louisiana Attorney General, Charles C. Foti, Jr., and other lawyers
with significant experience litigating complex securities class
actions nationwide on behalf of both institutional and individual
shareholders, you may visit www.ksfcounsel.com.
Contact: Kahn Swick & Foti, LLC Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com Melinda Nicholson, Partner
melinda.nicholson@ksfcounsel.com 1-877-515-1850 206 Covington St.
Madisonville, LA 70447
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