The Law Offices of Frank R. Cruz Announces Investigation on Behalf of Resideo Technologies, Inc. Investors (REZI)
LOS ANGELES--(BUSINESS WIRE)--Dec 23, 2019--
The Law Offices of Frank R. Cruz (“FRC”) announces an investigation on behalf of Resideo Technologies, Inc. (“Resideo” or the “Company”) (NYSE: REZI ) investors concerning the Company and its officers’ possible violations of federal securities laws.
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On October 22, 2019, after the market closed, Resideo lowered its fiscal 2019 revenue guidance by $80 million and disclosed that it would be doing a full financial and operational review of the business. The same day, Resideo announced that its Chief Financial Officer, Joseph D. Ragan III, would be leaving the Company on November 6, 2019.
On this news, Resideo’s stock price fell $5.73 per share, or over 37%, to close at $9.50 per share on October 23, 2019, thereby injuring investors.
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If you purchased Resideo securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of FRC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to email@example.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com:https://www.businesswire.com/news/home/20191223005574/en/
CONTACT: The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz, 310-914-5007
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES
SOURCE: Law Offices of Frank R. Cruz
Copyright Business Wire 2019.
PUB: 12/23/2019 04:45 PM/DISC: 12/23/2019 04:45 PM