NEW YORK, Jan. 6, 2022 /PRNewswire/ — Pomerantz LLP is investigating claims on behalf of investors of TPI Composites, Inc. (“TPI” or the “Company”) (TPIC) – Get TPI Composites, Inc. Report. Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.
The investigation concerns whether TPI and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On December 13, 2021, TPI disclosed that “[o]n December 13, 2021, Bryan R. Schumaker notified TPI . . . of his intention to resign from his position as Chief Financial Officer of the Company.” Concurrently, TPI also announced the departure of James Hilderhoff, the Company’s Chief Commercial, after December 31, 2021.
On this news, TPI’s stock price fell $1.57 per share, or 9.76%, to close at $14.51 per share on December 14, 2021.
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com
CONTACT: Robert S. WilloughbyPomerantz LLP [email protected] 888-476-6529 ext. 7980
View original content to download multimedia: https://www.prnewswire.com/news-releases/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-tpi-composites-inc—tpic-301455887.html
SOURCE Pomerantz LLP
