Search Blog
February 2018


EQUITY ALERT: Levi & Korsinsky, LLP Reminds Shareholders of AZZ Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of March 12, 2018 – AZZ


By Levi & Korsinsky, LLP

NEW YORK, NY / ACCESSWIRE / February 20, 2018 / The following statement is being issued by Levi
& Korsinsky, LLP:

To: All persons or
entities who purchased or otherwise acquired securities of AZZ
between April 22, 2015 and January 8,
. You are hereby
that a securities class action lawsuit has
been commenced in the USDC for the Northern District of Texas. To get more
information, go to:

or contact Joseph E. Levi, Esq. either
via email at or by telephone
at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or
obligation to you.

The complaint alleges that, throughout
the Class Period, Defendants issued materially false and/or misleading
statements and/or failed to disclose that: (i) the Company misstated revenues for
its Energy Segment for the duration of the Class Period; (ii) the Company
failed to report revenues in compliance with FASB Accounting Standards; (iii)
the Company lacked adequate internal controls over financial reporting; (iv)
its purported efforts to evaluate revenue recognition standards had been an
apparent failure; and that (v) as a result of the foregoing, AZZ’s financial
statements were materially false and misleading. On January 9, 2018, AZZ
disclosed the determination that the Company “historically should have
accounted differently for certain contracts within its Energy Segment.” As
a result, AZZ is reviewing the impact of this determination on its historical
accounting and financial results from 2015 through 2017 and announced it is delaying
the release of its Form 10-Q for the quarter ended November 30, 2017.

If you suffered a loss in
AZZ, you have until March 12, 2018
to request
that the Court appoint you as lead plaintiff. Your ability to share in any
recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national
firm with offices in New York, California, Connecticut, and Washington D.C. The
firm’s attorneys have extensive expertise and experience representing investors
in securities litigation, and have recovered hundreds of millions of dollars
for aggrieved shareholders. Attorney advertising. Prior results do not
guarantee similar outcomes.


Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street – 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171

Levi & Korsinsky, LLP

ReleaseID: 489932