Robinhood Q1 Earnings Miss Expectations, Stock Drops After Hours 
Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results 
Seagate Stock Surges After Strong Q3 Earnings Beat and Bullish Outlook 
Brazil Pension Fund Crackdown After Banco Master Collapse Raises Investment Concerns 
Air Liquide Q1 Revenue Misses Estimates Amid Currency and Energy Headwinds 
TSMC Exits Arm Holdings with $231 Million Share Sale Amid Strategic Portfolio Shift 
SMC Corp Stock Surges as Palliser Capital Pushes for Major Share Buyback 
Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand 
Kia Cuts EV Prices in Europe as Chinese Carmakers Intensify Competition 
Novartis Q1 2026 Earnings Miss Expectations as Generic Competition Pressures Sales 
Google Secures Pentagon AI Deal for Classified Projects 
China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S. 
Nomura Shares Drop After Profit Miss Despite Strong Revenue Growth 
OpenAI Faces Revenue Pressure and User Growth Challenges Ahead of IPO 
Spirit Airlines Gains Key Creditor Support for $500M Bailout Deal 
WuXi AppTec Stock Surges on Strong Q1 Earnings and CRDMO Demand Growth 
 - EconoTimes)
NEW ORLEANS, April 21, 2017 -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., reminds investors that they have until May 2, 2017 to file lead plaintiff applications in securities class action lawsuits against Babcock & Wilcox Enterprises, Inc. (NYSE:BW), if they purchased the Company’s securities between July 1, 2015 and February 28, 2017, inclusive (the “Class Period”). The actions are pending in United States District Court for the Western District of North Carolina.
What You May Do
If you purchased securities of Babcock and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn ([email protected]). If you wish to serve as a lead plaintiff in this class action, you must petition the Court by May 2, 2017.
About the Lawsuit
Babcock and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
The alleged false and misleading statements and omissions include that: (i) Babcock’s Renewable business had productivity and scheduling issues; (ii) these undisclosed problems decreased profit margins and worsened financial performance; (iii) Babcock’s Renewable business suffered from problematic on-site project management and a lack of resources in engineering and project management groups, which resulted in overly aggressive project bidding, project delays, and engineering errors; and (iv) Babcock lacked adequate project management processes in its Renewable business, which negatively impacted performance on key projects from bidding through execution.
About Kahn Swick & Foti, LLC
KSF, whose partners include the Former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities, antitrust and consumer class actions, along with merger & acquisition and breach of fiduciary litigation against publicly traded companies on behalf of shareholders. The firm has offices in New York, California and Louisiana.
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact: Kahn Swick & Foti, LLC Lewis Kahn, Managing Partner [email protected] 1-877-515-1850 206 Covington St. Madisonville, LA 70447
