The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of March 31, 2025 in Arconic Corporation Lawsuit – ARNC
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The Gross Law Firm has announced a class action lawsuit against Arconic Corporation (ARNC) alleging that the company made false statements about its share repurchase programs. The lawsuit claims Arconic made stock buybacks while possessing material nonpublic information and during ongoing negotiations with Apollo, potentially violating securities trading rules.
March 20, 2025 | 5:15 pm
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The lawsuit alleges Arconic made improper share repurchases and misleading statements about compliance with securities trading rules, which could impact investor confidence and stock performance.
The lawsuit directly targets Arconic's corporate practices, alleging securities law violations during share repurchases. This could lead to potential financial penalties, reputational damage, and investor skepticism.
CONFIDENCE 90
IMPORTANCE 85
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