SHAREHOLDER NOTICE: Khang & Khang LLP Announces an Investigation of Embraer S.A. & Encourages Investors with Losses to Contac...
August 05 2016 - 2:58PM
Business Wire
Khang & Khang LLP (the “Firm”) announces that it is
investigating claims against Embraer S.A. (“Embraer” or the
“Company”) (NYSE: ERJ) concerning possible violations of federal
securities laws.
If you purchased shares of Embraer and want more information,
please contact Joon M. Khang, Esquire, of Khang & Khang, 18101
Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949)
419-3834, or by e-mail at joon@khanglaw.com.
There has been no class certification in this case. Until
certification occurs, you are not represented by an attorney. You
may choose to take no action and remain a passive class member.
The investigation concerns whether Embraer and certain of its
officers and/or directors have violated Sections 10(b) and 20(a) of
the Securities Exchange Act of 1934. In July 2016, the Company
stated that its CEO Frederico Curado would be stepping down. On
July 29, 2016, Embraer announced a loss of $99.4 million for the
quarter after setting aside $200 million in connection with a U.S.
Foreign Corrupt Practices Act probe that it was negotiating with
the U.S. Department of Justice since May 2015. The Company also
reduced 2016 guidance for its executive jet business. When this
news was announced, Embraer shares fell in value.
If you have any questions concerning this notice or your rights,
please contact Joon M. Khang, a prominent litigator for almost two
decades, by telephone: (949) 419-3834, or by e-mail at
joon@khanglaw.com.
This press release may constitute Attorney Advertising in some
jurisdictions.
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version on businesswire.com: http://www.businesswire.com/news/home/20160805005724/en/
Khang & Khang LLPJoon M. Khang, Esq.Telephone:
949-419-3834Facsimile: 949-225-4474joon@khanglaw.com
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