The Law Offices of Frank R. Cruz Announces Investigation of FutureFuel Corp. (FF) on Behalf of Investors
The Law Offices of Frank R. Cruz Announces Investigation of FutureFuel Corp. (FF) on Behalf of Investors
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of FutureFuel Corp. (“FutureFuel” or the “Company”) (NYSE: FF) on behalf of investors concerning the Company’s possible violations of federal securities laws.
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On May 10, 2024, FutureFuel disclosed that it had “identified a correction required to be made to its historical consolidated statements of cash flows for the six months ended June 30, 2023, nine months ended September 30, 2023 and year ended December 31, 2023” and that financial statements from the affected periods should no longer be relied upon. Further, the Company also concluded that a material weakness existed in the Company’s internal control over financial reporting.
On this news, FutureFuel’s stock price fell $0.47, or 8.6%, to close at $5.03 per share on May 13, 2024, thereby injuring investors.
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If you purchased FutureFuel 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 The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067 at 310-914-5007, by email to info@frankcruzlaw.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.
Contacts
The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz, 310-914-5007
fcruz@frankcruzlaw.com
www.frankcruzlaw.com
