SAN DIEGO, Nov. 07, 2023 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in shares of RTX Corporation (NYSE: RTX).
Investors, who purchased RTX Corporation (NYSE: RTX) shares prior to February 2021 and continue to hold any of those NYSE: RTX shares, have also certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
On August 03, 2023, a lawsuit was filed on behalf of certain investors in NYSE: RTX shares against RTX Corporation/k/a Raytheon Technologies Corporation over alleged securities laws violations. The plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose, among other things, that the PW1000G Geared Turbofan ("GTF") engines had been affected from at least 2015-2020 by a quality control issue, that this quality control issue would require RTX to recall and reinspect many of its GTF engines, affecting customers and harming its business, and that as a result, Defendants’ statements about its business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Those who RTX Corporation (NYSE: RTX) shares should contact the Shareholders Foundation, Inc.
CONTACT:
Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.
