WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Redwire Corp. (NYSE: RDW) resulting from allegations that Redwire may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased Redwire securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law firm is preparing a class action seeking recovery of investor losses.
WHAT IS THIS ABOUT: During market trading hours on November 10, 2021, Redwire Corporation announced it would not be releasing Q3 2021 earnings that day as previously scheduled, and did not provide any explanation for the delay. After the market closed, Redwire announced that the delay was due to claims by an employee of accounting issue and that its Audit Committee would commence an investigation into those claims.
Shares of Redwire stock fell more than 16% in intraday trading on November 10, 2021.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.