RDW - REDWIRE SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Redwire Corporation (NYSE: RDW) and Encourages Long-Term RDW Investors to Contact the Firm | Benzinga

PHILADELPHIA, June 13, 2024 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating Redwire Corporation (NYSE:RDW) ("Redwire"), formerly known as SPAC entity Genesis Park Acquisition Corp., on behalf of the company's long-term investors.

Recently a securities fraud complaint was filed against Redwire on behalf of certain investors who purchased shares of the company's stock between March 25, 2021 and March 31, 2022. According to the complaint, during that time period Redwire and certain of the company's senior executive officers "omitted to disclose material deficiencies in Redwire's internal controls over its financial disclosures – a fact Redwire's senior management knew, but desperately tried to conceal, including through touting their "dedicate[ion] to conducting business with efficiency, fairness and integrity and encourage[ing] behavior that will maintain the public's confidence and trust in [Redwire's] operations."

The complaint further details how, through a series of partial disclosures beginning in November 2021, investors slowly learned ...

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