Shareholders that lost money on Arconic Corporation(ARNC) should contact Levi & Korsinsky about pending Class Action - ARNC
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Law firm Levi & Korsinsky is preparing a class action lawsuit against Arconic Corporation (ARNC) for allegedly making false statements about its share repurchase programs between April 19, 2022 and May 3, 2023. The lawsuit claims Arconic made stock buybacks while possessing material nonpublic information and failed to disclose ongoing negotiations with Apollo, potentially violating securities laws.
March 23, 2025 | 8:45 pm
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Potential class action lawsuit suggests Arconic may have violated securities regulations during share repurchase programs, which could impact investor confidence and stock performance.
The lawsuit alleges serious violations of securities laws, which could lead to financial penalties, reputational damage, and potential stock price decline. The specific claims about undisclosed negotiations and improper share repurchases suggest significant legal risk.
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IMPORTANCE 85
RELEVANCE 100