Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney
General of Louisiana, Charles C. Foti, Jr., remind investors that they
have until August 27, 2013 to file lead plaintiff applications in
a securities class action lawsuit against Tetra Tech Inc. (Nasdaq:
TTEK), if they purchased the Company’s securities during the period
between May 3, 2012 and June 18, 2013, inclusive (the “Class Period”).
This action is pending in the United States District Court for the
Central District of California.
What You May Do
If you purchased shares of Tetra Tech and would like to discuss your
legal rights and how this case might affect you and your right to
recover for your economic loss, you may, without obligation or cost to
you, call toll-free at 1-877-515-1850, or email KSF Managing Partner
Lewis Kahn (lewis.kahn@ksfcounsel.com)
or KSF Partner Melinda Nicholson (melinda.nicholson@ksfcounsel.com).
If you wish to serve as a lead plaintiff in this class action, you must
petition the Court by August 27, 2013.
About the Lawsuit
Tetra Tech and certain of its executives are charged with issuing a
series of materially false and misleading statements during the Class
Period, in violation of federal securities laws.
These false statements and omissions included, in part, that: (a) claims
by customers and cost overruns created an acute risk that the Company
would be required to take an earnings charge; and (b) decreasing demand
for the Company's services would lead to project closures. On June 18,
2013, Tetra Tech revised its third-quarter outlook, announcing that it
expected to lose $0.30 to $0.50 cents per share during the third quarter
due to approximately $95 million in charges. On this news, Tetra Tech’s
securities declined over 13%.
About Kahn Swick & Foti, LLC
To learn more about KSF, whose partners include the Former Louisiana
Attorney General, Charles C. Foti, Jr., and other lawyers with
significant experience litigating complex securities class actions
nationwide on behalf of both institutional and individual shareholders,
you may visit www.ksfcounsel.com.
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