BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Mueller Water Products, Inc. (“Mueller Water Products” or the “Company”) (NYSE: MWA) investors concerning the Company and its officers’ possible violations of federal securities laws.
On April 27, 2017, Mueller Water Products issued a press release entitled “Mueller Water Products Reports 2017 Second Quarter Results.” Therein, the Company disclosed that certain of Mueller Technologies’ products had been failing prematurely, resulting in a $9.8 million warranty charge. On this news, the Company’s share price fell $1.43 per share, more than 11%, to close at $11.25 per share on April 28, 2017, on unusually heavy trading volume.
If you purchased Mueller Water Products 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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
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