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The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Spirit AeroSystems Holdings, Inc. (NYSE: SPR) who purchased shares between October 31, 2019 and January 29, 2020. The action, which was filed in the United States District Court for the Northern District of Oklahoma, alleges that the Company violated federal securities laws.
In particular, the Spirit lawsuit alleges that (1) the Company lacked effective internal controls over financial reporting; (2) the Company did not comply with its established accounting principles related to potential contingent liabilities; and (3) as a result, Defendants’ statements about Spirit’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Shareholders have until April 10, 2020 to petition the court for lead plaintiff status. Your ability to share in any recovery does not require that you serve as lead plaintiff. You may choose to be an absent class member.
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