NEW YORK, Nov. 7, 2016 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Hill International, Inc. ("Hill" or the "Company") (NYSE: HIL) (ISIN: INE557A01011). Investors are advised to contact Robert S. Willoughby at firstname.lastname@example.org or 888-476-6529, ext. 9980.
The investigation concerns whether Hill and certain of its officers and/or directors have violated the federal securities laws.
On November 3, 2016, Hill announced that it would delay the release of the Company's third quarter 2016 financial results due to "continuing discussions with its independent accounting firm regarding the accounting treatment of certain accounts receivable the outcome of which could have a material effect on the company's financial position and results of operations."
On this news, Hill's share price fell $0.65, or 17.81%, to close at $3.00 on November 4, 2016.
The Pomerantz Firm, with offices in New York, Chicago, Florida, and Los Angeles, 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
Robert S. Willoughby
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SOURCE Pomerantz LLP