TMCnet News
INVESTOR ALERT: Goldberg Law PC Announces an Investigation of TechnipFMC plcGoldberg Law PC, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of TechnipFMC plc ("TechnipFMC" or the "Company") (NYSE: FTI). If you purchased or otherwise acquired TechnipFMC shares, and would like more information about the investigation, we encourage you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, CA (News - Alert) 90067, at 800-977-7401, to discuss your rights without cost to you. You can also reach us through the firm's website at http://www.Goldberglawpc.com, or by email at [email protected]. The investigation focuses on whether TechnipFMC and certain of its officers and/or directors violated federal securities laws. On July 24, 2017, the Company revealed that its audit committee concluded that the financial statements included in its quarterly report for the three months ended March 31, 2017 and prior year prepared and included in the quarterly report for comparison purposes, should no longer be relied upon because of material errors. TechnipFMC further stated that errors existed within "certain rates used in the calculations of the foreign currency effects on certain of its engineering and construction projects" resulting in its net income for the quarter ending March 31, 2017 being overstated by $209.5 million. Following this news, TechnipFMC's stock price dropped. If you have any questions concerning your legal rights, please immediately contact Goldberg Law PC at 800-977-7401, or visit our website at http://www.Goldberglawpc.com, or email us at [email protected]. Goldberg Law PC represents investors around the world, and specializes in securities class action lawsuits and shareholder rights litigation. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
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