Lost Money on Arconic Corporation(ARNC)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky
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Law firm Levi & Korsinsky is initiating a class action lawsuit against Arconic Corporation for allegedly making 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, which violated securities trading rules.
March 23, 2025 | 11:45 am
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The lawsuit alleges Arconic made improper share repurchases and misleading statements about compliance with securities trading rules, which could negatively impact investor confidence and stock performance.
The lawsuit directly targets Arconic's stock and alleges serious securities law violations, which could lead to financial penalties, reputational damage, and reduced investor trust.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100