SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Arconic
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Faruqi & Faruqi, LLP is investigating potential claims against Arconic Corporation (ARNC) alleging that the company and its executives violated federal securities laws by not disclosing material information about Apollo Global Management's acquisition offer. The lawsuit claims Arconic repurchased its own shares at prices significantly below the potential acquisition price between April 2022 and January 2023, potentially misleading investors.
March 23, 2025 | 2:30 pm
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Potential class action lawsuit alleges Arconic failed to disclose material information about Apollo's acquisition offer while conducting share buybacks, which could impact investor confidence.
The lawsuit directly involves Arconic and alleges significant corporate governance issues during the Apollo acquisition process. While the merger has already closed, the potential legal action could create uncertainty for investors.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100