Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses In Excess Of $100,000 Investing In Blount International, Inc. To Contact The Firm
Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Blount International, Inc. (“Blount” or the “Company”) (NYSE: BLT).
The investigation focuses on whether Blount and certain of its executives and/or directors violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On August 7, 2013, the Company revealed that it would be amending its Annual Report on Form 10-K for 2012 and its Quarterly Report on Form 10-Q for the first quarter of 2013 because of ineffective internal control regarding financial reporting and disclosure controls and procedures.
Following this news, Blount shares fell to close at $11.66 per share on August 7, 2013, a drop of $1.13 or over 8%.
If you invested in Blount stock or options and would like to discuss your legal rights, you can contact us by calling Richard Gonnello or Francis McConville toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to firstname.lastname@example.org or email@example.com. Faruqi & Faruqi, LLP also encourages anyone with information regarding Blount’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
Richard W. Gonnello
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330
If you have information regarding this case that you would like to make available, please click here to contact us about our investigation.