Textron Inc. Class Action Lawsuit - TXT

Company
Textron Inc. (NYSE: TXT)
Lead Plaintiff Deadline
October 21, 2019 (Expired)
Class Period
January 31, 2018 - October 17, 2018

Expired

Lead Plaintiff Deadline

Oct 21, 2019

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Allegations

(1) end market sales of Arctic Cat products were slowing, resulting in a massive glut of old Arctic Cat inventory on dealers’ floors; (2) in order to clear out this old inventory, the Company provided significant price discounts, which negatively impacted Textron’s earnings; and (3) as a result, Textron’s positive statements about Arctic Cat’s business, operations, and prospects lacked a reasonable basis.

Eligibility

In order to be eligible to join the TXT class action lawsuit, you must have incurred a loss on shares of purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in during the relevant time frame or pursuant to the relevant offering(s), you have until October 21, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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