Federman & Sherwood Announces Filing of Securities Class Action Lawsuit Against Textron, Inc.

 

August 25, 2019



OKLAHOMA CITY--(BUSINESS WIRE)--Aug 24, 2019--

Federman & Sherwood announces that on August 22, 2019, a class action lawsuit was filed in the United States District Court for the Southern District of New York against Textron, Inc. (NYSE: TXT). The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material or false misrepresentations to the market which had the effect of artificially inflating the market price during the Class Period, which is January 31, 2018 t...



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