Jamie Dimon Signals Possible Five More Years as JPMorgan CEO Amid Ongoing Succession Speculation 
China’s AI Models Narrow the Gap With the West, Says Google DeepMind CEO 
Walmart International CEO Kathryn McLay to Step Down After Two and a Half Years 
Sanofi Gains China Approval for Myqorzo and Redemplo, Strengthening Rare Disease Portfolio 
China Considers New Rules to Limit Purchases of Foreign AI Chips Amid Growing Demand 
Boeing Reaches Tentative Labor Deal With SPEEA Workers After Spirit AeroSystems Acquisition 
One Percent Rule Checklist For Safer Forex Trading Risk 
White House Pressures PJM to Act as Data Center Energy Demand Threatens Grid Reliability 
BYD Shares Rise in Hong Kong on Reports of Battery Supply Talks With Ford 
Baidu Shares Rise in Hong Kong After Apollo Go Robotaxi Launch in Abu Dhabi 
Toyota Industries Buyout Faces Resistance as Elliott Rejects Higher Offer 
xAI Restricts Grok Image Editing After Sexualized AI Images Trigger Global Scrutiny 
TikTok Expands AI Age-Detection Technology Across Europe Amid Rising Regulatory Pressure 
Syrah Resources and Tesla Extend Deadline on Graphite Supply Dispute to March 
Publishers Seek to Join Lawsuit Against Google Over Alleged AI Copyright Infringement 
California Attorney General Orders xAI to Halt Illegal Grok Deepfake Imagery 
Anthropic Appoints Former Microsoft Executive Irina Ghose to Lead India Expansion 
LOS ANGELES, April 22, 2017 -- Lundin Law PC , a shareholder rights firm, announces a class action lawsuit against Chicago Bridge & Iron Company N.V. (“Chicago Bridge” or the “Company”) (NYSE:CBI) concerning possible violations of federal securities laws between October 29, 2013 and December 10, 2014 inclusive (the “Class Period”). Investors who purchased or otherwise acquired shares during the Class Period should contact the firm prior to the May 1, 2017 lead plaintiff motion deadline.
To participate in this class action lawsuit, click here. You can also call Brian Lundin, Esq., of Lundin Law PC, at 888-713-1033, or e-mail him at [email protected].
No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.
According to the Complaint, during the Class Period, Chicago Bridge made material false and/or misleading statements and/or failed to disclose: that the Company was responsible for hundreds of millions of dollars in liability and improperly accounted for its goodwill during 2013 to cover losses associated with construction delays and cost overruns on contracts; that the Company failed to establish and disclose an appropriate reserve for this liability in its financial statements; and that Chicago Bridge lacked effective internal controls over financial reporting. When this information reached the public, the stock price of Chicago Bridge declined, which caused investors harm.
Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles devoted to upholding shareholders’ rights.
This press release may be considered Attorney Advertising in certain jurisdictions under the applicable law and ethical rules.
Contact: Lundin Law PC Brian Lundin, Esq. Telephone: 888-713-1033 Facsimile: 888-713-1125 [email protected] http://lundinlawpc.com/
