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CAE STOCK NEWS: BFA Law Alerts CAE, Inc. (NYSE:CAE) Shareholders it has Sued the Company for Securities Fraud; Contact Us if you Lost Money on Your Investment
CAECAE(CAE) GlobeNewswire News Room·2024-07-20 10:04

If you suffered a loss on your CAE investment, please submit your information at https://www.bfalaw.com/cases/cae-inc-investigation. What is the Lawsuit About? On August 10, 2022, the Company announced 28.9millioninunfavorablecontractprofitadjustmentsinvolvingtwofixedpricecontracts.Onthisnews,thepriceofCAEstockdeclined28.9 million in unfavorable contract profit adjustments involving two fixed-price contracts. On this news, the price of CAE stock declined 4.32 per share, or more than 16%, from 25.80pershareonAugust9,2022,to25.80 per share on August 9, 2022, to 21.48 per share on August 10, 2022. On November 14, 2023, CAE stated that certain legacy c ...