CAE INVESTIGATION NOTICE: BFA Law Alerts CAE, Inc. (NYSE:CAE) Investors with Losses that it is Investigating the Company for Securities Fraud, Contact Us for Details

NEW YORK, June 29, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into CAE, Inc. (NYSE: CAE) for potential violations of the federal securities laws. On May 21, 2024, CAE announced preliminary earnings for Q4 2024 and that it initiated a "re-baselining" of its defense business because of eight underperforming legacy, fixed-price contracts. CAE further reported that it recorded a $568.0 million non-cash impairment of defense goodwill,$90.3 million ...