NEW YORK, July 20, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against CAE Inc. ("CAE" or the "Company") (NYSE:CAE). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
The class action concerns whether CAE and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
You have until September 16, 2024, to ask the Court to appoint you as Lead Plaintiff for the class if you are a shareholder who purchased or otherwise acquired CAE securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.
[Click here for information about joining the class action]
On November 14, 2023, CAE issued a press release reporting its second quarter fiscal year 2024 results and stated that certain of the Company's legacy contracts continued to be plagued by cost overruns. CAE revealed ...