The Law Offices of Todd M. Garber
announces that a class action lawsuit has been filed in the United
States District Court for the Central District of California on behalf
of a class (the “Class”) comprising all purchasers of the securities of
Tetra Tech, Inc. (“Tetra Tech” or the “Company”) (NASDAQ:TTEK) between
May 3, 2012 and June 18, 2013, inclusive (the “Class Period”).
Tetra Tech provides consulting, engineering, program management,
construction management and technical services for environment, energy,
infrastructure and natural resources sectors. In addition to state and
local governments and private sector clients, the Company derives a
significant portion of its revenues from federal agency clients,
including the Department of Homeland Security and U.S. Postal Service.
The Complaint alleges that the Company failed to take necessary charges
to its accounts receivables and earnings to reflect a significant number
of projects which were subject to claims and equitable charges by
federal and state government clients, and issued materially false and
misleading statements regarding the Company’s business, operational and
compliance policies. Moreover, throughout the Class Period the Company
failed to inform investors the extent to which Tetra Tech’s revenues
would be impacted by an overall decline in the Eastern Canadian mining
and oil industry resulting from large political and economic unrest in
the region.
If you are a member of the above-described Class, you may move the Court
no later than August 27, 2013 to serve as lead plaintiff; however, you
must meet certain legal requirements. To be a member of the Class you
need not take any action at this time, or you may retain counsel of your
choice. If you have information or would like to learn more about these
claims, or if you purchased Tetra Tech stock prior to the Class Period
and have any questions concerning this announcement or your rights or
interests with respect to these matters, please contact Todd M. Garber,
Esquire, of the Law Offices of Todd M. Garber, by telephone at
213-700-7262 or by email to info@toddgarberlaw.com.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
Copyright Business Wire 2013