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.
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