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Federman & Sherwood Announces Filing of Securities Class Action Lawsuit Against CPI Aerostructures, Inc.

February 25, 2020 GMT

OKLAHOMA CITY--(BUSINESS WIRE)--Feb 25, 2020--

Federman & Sherwood announces that on February 24, 2020, a class action lawsuit was filed in the United States District Court for the Eastern District of New York against CPI Aerostructures, Inc. (NYSE: CVU). The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material or false misrepresentations to the market which had the effect of artificially inflating the market price during the Class Period, which is May 18, 2018 through February 14, 2020.

To learn how to participate in this action, please visit https://www.federmanlaw.com/blog/federman-sherwood-announces-the-filing-of-a-securities-class-action-lawsuit-against-cpi-aerostructures-inc/

Plaintiff seeks to recover damages on behalf of all CPI Aerostructures, Inc. shareholders who purchased common stock during the Class Period and are therefore a member of the Class as described above. You may move the Court no later than Friday, April 24, 2020 to serve as a lead plaintiff for the entire Class. However, in order to do so, you must meet certain legal requirements pursuant to the Private Securities Litigation Reform Act of 1995.

If you wish to discuss this action, obtain further information and participate in this or any other securities litigation, or should you have any questions or concerns regarding this notice or preservation of your rights, please contact:

Robin Hester
FEDERMAN & SHERWOOD
10205 North Pennsylvania Avenue
Oklahoma City, OK 73120
Email to: rkh@federmanlaw.com
Or, visit the firm’s website at www.federmanlaw.com

View source version on businesswire.com:https://www.businesswire.com/news/home/20200225005891/en/

CONTACT: Robin Hester

FEDERMAN & SHERWOOD

rkh@federmanlaw.com

www.federmanlaw.com

KEYWORD: OKLAHOMA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES

SOURCE: Federman & Sherwood

Copyright Business Wire 2020.

PUB: 02/25/2020 01:17 PM/DISC: 02/25/2020 01:17 PM

http://www.businesswire.com/news/home/20200225005891/en