#United States #Los Angeles #Schall Law Firm #Securities Fraud #Arconic Corporation

Investors Urged to Participate in Arconic Securities Fraud Class Action

The Schall Law Firm, a prominent litigation firm advocating for shareholder rights, has issued an urgent call to Arconic Corporation investors regarding a significant class action lawsuit related to alleged securities fraud. This lawsuit cites violations of sections 10(b) and 20(a) of the Securities Exchange Act of 1934 as well as SEC Rule 10b-5.

The lawsuit specifically targets investors who acquired Arconic securities between April 19, 2022, and May 3, 2023. It highlights a troubling pattern: during this period, the company allegedly provided the market with false and misleading statements. Most notably, the firm neglected to inform investors that it had received lucrative offers to acquire its outstanding shares at a substantial premium over the then-current stock price.

In stark contrast, despite these lucrative offers, Arconic was engaged in repurchasing millions of its shares through stock buyback programs. These repurchase transactions reportedly occurred at values significantly lower than the offers, leading to a compelling argument that Arconic's public disclosures were misleading and inaccurate. As a result, investors who acquired shares during this class period experienced financial losses once the true nature of the company's dealings came to light.

If you are an investor who suffered losses due to these alleged malpractices, the Schall Law Firm encourages you to join the class action to recover some of your losses. The law firm can provide consultations at no cost to discuss your potential involvement in the case and the process ahead.

To participate, affected shareholders are urged to contact Brian Schall at the firm's office located at 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, or by calling 310-301-3335. Additional information can be accessed through the law firm's website at www.schallfirm.com. Interested individuals must reach out before March 31, 2025, to ensure their representation in the proceedings.

As of now, the class action has yet to be certified, meaning that shareholders who do not take action will remain unrepresented. The Schall Law Firm specializes in securities class action lawsuits and maintains a dedicated focus on empowering investors around the globe to assert their rights regarding such legal matters.

This development serves as a powerful reminder for investors to remain vigilant and informed regarding the activities of the companies whose securities they hold. The importance of transparent and truthful disclosure cannot be overstated in maintaining investor trust and ensuring fair market practices.

In summary, if you are a shareholder in Arconic Corporation, it is imperative to consider joining this class action lawsuit to potentially recover losses incurred due to alleged fraudulent practices. Don’t hesitate to take action and protect your investments.