LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Huntington Ingalls Industries, Inc. (“Huntington Ingalls” or “the Company”) (NYSE: HII) for violations of the securities laws.
According to the Complaint, the Company made false and misleading statements to the market. Huntington Ingalls reported Q3 earnings that fell considerably short of analyst estimates, including a 34.2% miss on EPS. The Company’s gross and operating margins both also fell from the same quarter in the previous year. Based on this news, shares of Huntington Ingalls fell more than 26% on October 31, 2024.
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We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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