Investigation Launched against Huntington Ingalls Industries for Alleged Securities Law Violations
Los Angeles, CA – The Schall Law Firm, a renowned national shareholder rights litigation firm, has announced that it is investigating potential securities laws violations by Huntington Ingalls Industries, Inc. (Huntington Ingalls or the Company) (NYSE: HII). The investigation focuses on the Company’s alleged false and misleading statements and omissions between March 2, 2023, and December 16, 2024.
Background:
Huntington Ingalls Industries is a leading designer, builder, and provider of professional engineering and manufacturing services primarily for the U.S. Department of Defense and U.S. federal and commercial nuclear programs. The Company operates through its Newport News Shipbuilding and Ingalls Shipbuilding business segments.
The Allegations:
The Schall Law Firm’s investigation began following a series of securities class action lawsuits against Huntington Ingalls. The Complaint alleges that the Company made false and misleading statements and failed to disclose material information to the market.
Impact on Huntington Ingalls:
If the allegations are proven, Huntington Ingalls could face significant financial consequences. The Company may be forced to pay substantial damages to affected investors, issue corrective statements, and even face potential regulatory action. The investigation could also negatively impact the Company’s reputation and potentially deter investors.
Impact on Investors:
Investors who purchased Huntington Ingalls securities between March 2, 2023, and December 16, 2024, may be eligible to recover their losses if the Company is found to have violated securities laws. The Schall Law Firm encourages investors to contact the firm to discuss their potential recovery options.
Additional Sources:
- Yahoo Finance: Schall Law Firm Announces Investigation into Huntington Ingalls Industries, Inc. (HII)
- Google Finance: Huntington Ingalls Industries, Inc. (HII) News
- Business Wire: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Huntington Ingalls Industries, Inc.
Conclusion:
The investigation into Huntington Ingalls Industries for potential securities law violations could have significant consequences for both the Company and its investors. If the allegations are proven, Huntington Ingalls may face substantial damages, regulatory action, and a damaged reputation. Affected investors, meanwhile, may be eligible to recover their losses. As the investigation continues, it is essential for investors to stay informed and consult with legal professionals to protect their interests.
The Schall Law Firm is committed to ensuring that all shareholders have the information they need to make informed decisions regarding their holdings. If you believe you have suffered a loss due to Huntington Ingalls’ alleged securities law violations, please contact the firm for a free consultation.
This communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
The Schall Law Firm, 18801 Von Karman Ave, Suite 1000, Irvine, CA 92612, 800-403-3410.
For the latest information regarding Huntington Ingalls Industries and other companies, please visit www.schalllaw.com.
About The Schall Law Firm:
The Schall Law Firm is a national shareholder rights litigation firm, dedicated to representing individual and institutional investors in securities class action lawsuits. The firm has offices in California, Texas, and New York.
