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| Type: | Actions |
| Ticker: | KTCC |
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INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Key Tronic Corporation (KTCC) on Behalf of Investors
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Law Offices of Howard G. Smith announces an investigation on behalf of Key Tronic Corporation (“Key Tronic” or the “Company”) (NASDAQ: KTCC) investors concerning the Company’s possible violations of federal securities laws.
On February 10, 2021, Key Tronic reported that it had “received a notification from an employee regarding irregularities of the classification of inventory between raw material and work-in-process at a production facility.” As a result, the Company could not timely file its quarterly report for the period ended December 26, 2020 while it conducted an internal investigation into the accounting matters.
On this news, the Company’s stock price fell sharply during intraday trading on February 11, 2021.
If you purchased Key Tronic 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 [email protected], or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210211005850/en/
