Alliance One International Inc. Investigated For Potential Securities Law Violations By Block & Leviton LLP

09 Nov, 2015, 09:03 ET from Block & Leviton LLP

BOSTON, Nov. 9, 2015 /PRNewswire/ -- Alliance One International Inc. ("Alliance One" or the "Company") (NYSE:  AOI) announced that it will miss the deadline to file earnings for the fiscal second quarter ended September 30, 2015 because of potential accounting errors in the Company's filings.

Alliance One further declared that the accounting errors may stretch back to 2008, if not earlier, and could possibly involve tens of millions of dollars.  According to Alliance One's statement, "The discrepancies consist primarily of inventory variances that are not yet accounted for, including differences in deferred crop costs, finished goods inventory, green inventory, agricultural supplies, and packing materials,"

If you purchased or otherwise acquired Alliance One securities on or before November 9, 2015, and have questions about your legal rights or possess information relevant to this investigation, please contact either attorney Steven Harte at (617) 398-5600 or email him at Steven@blockesq.com or attorney Brad Vettraino at (617) 398-5600 or by email at Bradley@blockesq.com. Confidentiality to whistleblowers or others with relevant information is assured.            

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Contact:         
BLOCK & LEVITON LLP
Steven Harte
155 Federal St
Boston MA 02110
(617) 398-5600
Steven@blockesq.com

 

SOURCE Block & Leviton LLP



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