Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of March 31, 2025 in Arconic Corporation Lawsuit - ARNC
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Levi & Korsinsky law firm is pursuing a class action lawsuit against Arconic Corporation (ARNC) alleging securities fraud related to share repurchase programs between April 19, 2022 and May 3, 2023. The lawsuit claims Arconic made false statements about compliance with securities trading rules and failed to disclose material information about ongoing negotiations with Apollo during stock buybacks.
March 21, 2025 | 10:00 am
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Arconic is facing a class action lawsuit alleging improper share repurchases and misleading statements about compliance with securities trading rules during negotiations with Apollo.
The lawsuit directly targets Arconic's stock repurchase practices, alleging securities fraud. This could lead to potential financial penalties, reputational damage, and investor uncertainty, which may negatively impact the stock price.
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