Levi & Korsinsky Investigates Possible Securities Fraud Violations by Huntington Ingalls Industries, Inc. (HII)
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Levi & Korsinsky has initiated an investigation into Huntington Ingalls Industries, Inc. (NYSE:HII) for potential securities fraud violations. This follows a significant Q3 earnings miss, with EPS falling 34.2% short of analyst expectations.
November 13, 2024 | 3:15 pm
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Huntington Ingalls Industries is under investigation for potential securities fraud following a significant Q3 earnings miss, with EPS 34.2% below expectations.
The investigation by Levi & Korsinsky into potential securities fraud is likely to create negative sentiment around HII, especially after a significant earnings miss. This combination of legal scrutiny and poor financial performance is expected to exert downward pressure on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100