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Booz Allen Hamilton Holding Corporation (BAH)

NYSE:BAH

Summary

Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 In Booz Allen Hamilton Holding Corporation To Contact The Firm

Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Booz Allen Hamilton Holding Corporation (“Booz Allen” or the “Company”) (NYSE:BAH) of the August 18, 2017 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

The lawsuit has been filed in the U.S. District Court for the Eastern District of Virginia on behalf of all those who purchased Booz Allen securities between May 19, 2016 and June 15, 2017 (the “Class Period”).  The case Langley v. Booz Allen Hamilton Holding Corporation, et al., No. 17-cv-00696 was filed on June 19, 2017, and has been assigned to Judge Leonie M. Brinkema.

The lawsuit focuses on whether the Company and its executives violated federal securities laws by failing to maintain proper internal financial controls and accounting standards that led to inflated revenues from Company’s contracts with the U.S. government.

Specifically, after market closed on June 15, 2017, the Company announced that its subsidiary, Booz Allen Inc., “was informed that the U.S. Department of Justice is conducting a civil and criminal investigation relating to certain elements of the Company’s cost accounting and indirect cost charging practices with the U.S. government.”

After the announcement, Booz Allen’s share price fell from $39.33 per share on June 15, 2017 to a closing price of $31.90 on June 16, 2017—a $7.43 or an 18.9% drop.

If you invested in Booz Allen stock or options between May 19, 2016 and June 15, 2017 and would like to discuss your legal rights, please fill out the form below.  There is no cost or obligation to you.

You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to rgonnello@faruqilaw.com.

Request Information

Please tell us about yourself by completing the form and we will provide you with additional
information on how to join the Class Action at no cost to you.

  • Case:
    Booz Allen Hamilton Holding Corporation (BAH)
  •    

* The submission of this form does not create an attorney-client relationship.

Contact Counsel

Richard W. Gonnello
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330

Email:

Case Details

Date:

  • 06/15/2017

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