PPG class action investigation Levi & Korsinsky

Class Action News

PPG Class Action Investigation Commences

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May 11, 2018

Levi & Korsinsky announces it has commenced an investigation of PPG Industries, Inc. (“PPG” or “the Company”) (NYSE: PPG) concerning possible violations of federal securities laws. On April 19, 2018, PPG issued a press release disclosing it had received a report concerning possible violations of its accounting policies and the identification of approximately $1.4 million of expenses that should have been accrued in the first quarter. Then on May 10, 2018, PPG announced that certain previously issued financial statements could no longer be relied upon. As part of the investigation, the Company also determined that “certain improper accounting entries were made by certain employees at the direction of the Company’s former vice president and controller,” whose employment was terminated. To obtain additional information on the PPG class action investigation, go tohttp://www.zlk.com/pslra-d/ppg-investigation or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 

For more information on the PPG investigation, contact Levi & Korsinsky. Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.