NEW YORK, July 12, 2013 /PRNewswire/ -- Faruqi &
Faruqi, LLP, a leading national securities law firm, is
investigating potential securities fraud at Spirit AeroSystems
Holdings, Inc. ("Spirit" or the "Company") (NYSE: SPR).
(Logo: http://photos.prnewswire.com/prnh/20120119/MM38856LOGO
)
The investigation focuses on whether the Company and its
executives violated federal securities laws with respect to its
disclosures concerning business, operational, and compliance
policies. Specifically, the investigation focuses on whether
Spirit: (i) failed to properly execute its diversification and
growth strategy; and (ii) lacked adequate internal and financial
controls, especially relating to cost overruns for the Company's
787 program, G650 Wing program, BR725 program, the G280 Wing
program, and other programs (collectively, the "Programs").
On October 25, 2012, Spirit
announced that it expected to record pre-tax charges on the
Programs for a total of approximately $590
million. Following this news, the Company's stock
dropped $6.55 or over 30%.
Request more information now by clicking here:
www.faruqilaw.com/SPR. There is no cost or obligation to
you.
Take Action
If you invested in Spirit stock or options between May 5, 2011 and October
24, 2012 and would like to discuss your legal rights, visit
www.faruqilaw.com/SPR. You can also contact us by calling
Richard Gonnello or Francis McConville toll free at 877-247-4292 or
at 212-983-9330 or by sending an e-mail to rgonnello@faruqilaw.com
or fmcconville@faruqilaw.com. Faruqi & Faruqi, LLP also
encourages anyone with information regarding Spirit's conduct to
contact the firm, including whistleblowers, former employees,
shareholders and others.
Attorney Advertising. The law firm responsible for this
advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or
predict a similar outcome with respect to any future matter.
We welcome the opportunity to discuss your particular case.
All communications will be treated in a confidential manner.
FARUQI & FARUQI, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Richard Gonnello,
Esq.
rgonnello@faruqilaw.com
Francis McConville, Esq.
fmcconville@faruqilaw.com
Telephone: (877) 247-4292 or (212) 983-9330
SOURCE Faruqi & Faruqi, LLP