NEW YORK, Aug. 01, 2023 (GLOBE NEWSWIRE) — Attention RTX Corporation (“RTX”) (NYSE: RTX) shareholders:
The Law Offices of Vincent Wong announce that an investigation has commenced into RTX and certain of its officers and directors regarding potential securities fraud. The investigation concerns, in part, the below:
On July 25, 2023, the Company reported its Q2 earnings which disclosed a “condition” in its Pratt & Whitney jet engine unit. The Company stated, “Pratt & Whitney has determined that a rare condition in powdered metal used to manufacture certain engine parts will require accelerated fleet inspection.” The Company expects a significant portion of the PW1100G-JM engine fleet will require accelerated removals and inspection within the next nine to twelve months. On this news, RTX stock price fell sharply from $97.01 per share on July 24, 2023 to $86.87 on July 25, 2023.
If you suffered a loss on your investment in RTX, contact us about potential recovery by using the link below. There is no cost or obligation to you.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: [email protected]
- ROSEN, LEADING INVESTOR COUNSEL, Encourages Ocugen, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – OCGN - April 27, 2024
- GDRX INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that GoodRx Holdings, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - April 27, 2024
- ADSK INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Autodesk, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - April 27, 2024