NFI Group Inc T.NFI

Alternate Symbol(s): NFYEF | T.NFI.DB

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NFI Group Inc. is a Canada-based independent global bus manufacturer. The Company provides a suite of mass transportation solutions under brands: New Flyer (heavy-duty transit buses), Alexander Dennis (AD) (single and double-deck buses), Plaxton (motor coaches), MCI (motor coaches), ARBOC (low-floor cutaway and medium-duty buses) and NFI Parts (aftermarket parts sales). It operates through two segments: Manufacturing Operations and Aftermarket Operations. The Manufacturing Operations segment manufactures, services and supports transit buses, coaches, medium-duty, and cutaway buses. The Aftermarket Operations segment is engaged in the sale of aftermarket parts for transit buses, coaches and medium- duty/cutaway buses, both for the Company's and third-party products. Its product type includes Heavy-duty transit buses, Single deck buses, Double-deck buses, Articulated buses, motor coaches, low floor cutaway, and medium-duty buses.

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NFI Group Inc > Shareholder Class Action Investigation

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Post by KNDlawon Mar 10, 2022 12:54pm

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Post# 34503555

Shareholder Class Action Investigation

Hi all,

We are a Canadian law firm specializing in shareholder litigation and class actions.

We are currently investigating the circumstances concerning NFI's disclosures around its dividends cut.

The investigation concerns whether the prospectus issued in November 2021 properly disclosed the company's financial position and flexibility necessary in order to maintain its dividends.

Our investigation is ongoing at this time.

Any inquiries may be directed to us by email at contact@knd.law.

Thank you, and GLTA.

KND Complex Litigation
Toronto, ON