NEW YORK, July 24, 2015 /PRNewswire/ -- Tripp Levy PLLC, a leading national securities law firm, announces that it is investigating potential securities claims on behalf of investors of Diageo plc (NYSE: DEO) resulting from allegations that Diageo may have issued materially misleading business information to the investing public.
On July 23, 2015, The Wall Street Journal reported that the Securities and Exchange Commission is investigating whether Diageo has been shipping excess inventory to distributors in an effort to boost the liquor company's results.
As a result of this announcement, Diageo's stock has fallen considerably.
If you purchased shares of Diageo and have suffered a loss from your investment in Diageo common stock and would like to learn more about this investigation, including your ability to potentially recover your losses, please contact us either by email at [email protected] or by telephone at (800) 511-7037 or visit our website at www.tripplevy.com.
Tripp Levy PLLC is a leading national securities and shareholder rights law firm representing both individual and institutional shareholders and, along with its affiliate, have recovered billions of dollars for shareholders. Tripp Levy PLLC is affiliated with Milberg LLP. The National Law Journal has named Milberg one of the "50 Elite Trial Lawyer Firms" and one of the "50 Leading Plaintiff Firms in America."
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SOURCE Tripp Levy PLLC