Sept. 16th Deadline Alert: Investors Who Lost More Than $100,000 With CAE Inc. (NYSE:CAE) Shares Should Contact the Shareholders Foundation

SAN DIEGO, CA, September 6, 2024 (Newswire.com) - The Shareholders Foundation, Inc. announced that September 16, 2024, a deadline is coming up in the lawsuit that was filed for certain investors who purchased shares of CAE Inc. (NYSE:CAE). Investors in NYSE:CAE shares should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554

The Shareholders Foundation, Inc. announced that September 16, 2024, a deadline is coming up in the lawsuit that was filed for certain investors who purchased shares of CAE Inc. (NYSE:CAE).

Investors, who purchased shares in excess of $100,000 of CAE Inc. (NYSE:CAE) between February 11, 2022 and May 21, 2024, have certain options. Deadline: September 16, 2024. NYSE: CAE investors should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554.

On July 16, 2024, an investor in NYSE: CAE shares filed a lawsuit against CAE Inc. over alleged violations of securities laws. The plaintiff alleges that the defendants made materially false and misleading statements concerning significant cost overruns in CAE's Defense and Security ("Defense") segment caused by several fixed-price, long-term Defense contracts entered prior to the COVID-19 pandemic, that in truth, certain of CAE's pre-COVID fixed-price Defense contracts had experienced such significant cost overruns that the Company needed to take over $720 million in charges and profit adjustments and "re-baselin[e]" its entire Defense business, and that the Defendants continued to make false representations regarding the strength of the Defense segment.

Those who purchased CAE Inc. (NYSE: CAE) shares should contact the Shareholders Foundation, Inc.

CONTACT:

Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
[email protected]
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.

Contact Information

Michael Daniels
Manager
[email protected]
858-779-1554

SOURCE: Shareholders Foundation, Inc.

Source: Shareholders Foundation, Inc.