The investigation stems from SEACOR's announcement on March 2, 2017, SEACOR filed a Form NT 10-K with the SEC, stating that the company would postpone the filing of its 2016 annual report and that the Company has not completed an assessment of its internal controls over financial reporting due to certain control deficiencies. SEACOR stated that the deficiencies related to impairment determinations that could represent material weaknesses.
Following this news, SEACOR shares fell $2.57 per share, or approximately 3.6%, to close at $69.08 per share on March 2, 2017.
If you own shares of SEACOR and would like to learn more about this class action or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (844) 291-9299 or to sign up online, visit: www.maniskas.com. You may also email Mr. Maniskas at firstname.lastname@example.org.
RM LAW, P.C. is a national shareholder litigation firm. RM LAW, P.C. is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.
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SOURCE RM LAW, P.C.