NEW YORK--(EON: Enhanced Online News)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of SEACOR Holdings Inc. (NYSE:CKH) resulting from allegations that SEACOR may have issued materially misleading business information to the investing public.
“due to certain control deficiencies identified related to impairment determinations and the approval of manual journal entries.”
On March 2, 2017, SEACOR revealed that it would not file its fiscal year 2016 Form 10-K on time “due to certain control deficiencies identified related to impairment determinations and the approval of manual journal entries.” SEACOR further revealed that “it believes that these deficiencies could represent material weaknesses in its internal control over financial reporting.” On this news, shares of SEACOR fell $2.57 per share or 3.5% to close at $69.08 per share on March 2, 2017.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by SEACOR investors. If you purchased shares of SEACOR on or before March 1, 2017, please visit the firm’s website at http://www.rosenlegal.com/cases-1071.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at email@example.com or firstname.lastname@example.org.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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