Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, Dec. 13, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Methode Electronics Inc (NYSE: MEI) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Methode investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
On July 14, 2023, Methode announced that, “On July 10, 2023, Joseph Khoury was placed on leave from his position as Chief Operating Officer of Methode Electronics, Inc. (company), and his powers, authority and duties as such officer of the Company were suspended.”
On December 7, 2023, Methode announced that the company had removed Joseph Khoury from his position as Chief Operating Officer and terminated him as an employee.
On this news, the price of Methode stock fell sharply, thereby damaging investors.
Please visit our website to review more information and submit your transaction information.
The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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