SAN FRANCISCO, June 21, 2017 (GLOBE NEWSWIRE) — Hagens Berman Sobol Shapiro LLP alerts investors in Booz Allen Hamilton Holding Corporation (NYSE:BAH) to the securities class action pending in the United States District Court for the Eastern District of Virginia and the August 18, 2017 Lead Plaintiff deadline.
If you purchased or otherwise acquired securities of BAH between May 19, 2016 and June 15, 2017 and suffered losses contact Hagens Berman Sobol Shapiro LLP. For more information visit:
or contact Reed Kathrein, who is leading the firm’s investigation, by calling 510-725-3000 or emailing [email protected].
On June 15, 2017, BAH announced in a Form 8-K filed with the U.S. Securities and Exchange Commission that the U.S. Department of Justice (“DOJ”) informed a BAH subsidiary that the DOJ is conducting a civil and criminal investigation relating to certain elements of its cost accounting and indirect cost charging practices with the U.S. government. This news drove the price of BAH shares down $7.43 or approximately 18.9% to close at $31.90 on June 16, 2017.
“We’re focused on events as they unfold and certainly on whether the Company’s accounting and other conduct worked to defraud the government and inflict damage on investors,” said Hagens Berman partner Reed Kathrein.
Whistleblowers: Persons with non-public information regarding BAH should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new SEC whistleblower program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 510-725-3000 or email [email protected].
About Hagens Berman
Hagens Berman is a national investor-rights law firm headquartered in Seattle, Washington with offices in 10 cities. The Firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the Firm and its successes can be found at www.hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.
CONTACT: Contact: Reed Kathrein, 510-725-3000