The Law Offices of Frank R. Cruz Announces Investigation on Behalf of Resideo Technologies, Inc. Investors (REZI)
December 23 2019 - 4:45PM
Business Wire
The Law Offices of Frank R. Cruz (“FRC”) announces an
investigation on behalf of Resideo Technologies, Inc. (“Resideo” or
the “Company”) (NYSE: REZI) investors concerning the Company and
its officers’ possible violations of federal securities laws.
If you are a shareholder who suffered a loss, click here to
participate.
On October 22, 2019, after the market closed, Resideo lowered
its fiscal 2019 revenue guidance by $80 million and disclosed that
it would be doing a full financial and operational review of the
business. The same day, Resideo announced that its Chief Financial
Officer, Joseph D. Ragan III, would be leaving the Company on
November 6, 2019.
On this news, Resideo's stock price fell $5.73 per share, or
over 37%, to close at $9.50 per share on October 23, 2019, thereby
injuring investors.
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If you purchased Resideo 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 Frank R. Cruz, of FRC,
1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067
at 310-914-5007, by email to fcruz@frankcruzlaw.com, or visit our
website at www.frankcruzlaw.com. If you inquire by email please
include your mailing address, telephone number, and number of
shares purchased.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: https://www.businesswire.com/news/home/20191223005574/en/
The Law Offices of Frank R. Cruz, Los Angeles Frank R. Cruz,
310-914-5007 fcruz@frankcruzlaw.com www.frankcruzlaw.com
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