LOS ANGELES, CA / ACCESSWIRE / February 20, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Harsco Corporation ("Harsco" or "the Company") (NYSE:HSC) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Harsco announced preliminary fourth quarter 2019 financial results on January 23, 2020. The Company expected revenues of $400 million for the quarter. The Company's expected adjusted operating income of $31 million was well below its prior guidance of $53 million to $58 million. The Company blamed "operational challenges following the consolidation of Rail's North American manufacturing into a single facility in South Carolina" for the shortfall. Based on this news, shares of Harsco fell by more than 16% in intraday trading on January 24, 2020.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
Cell: 424-303-1964
info@schallfirm.com
www.schallfirm.com
SOURCE: The Schall Law Firm
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https://www.accesswire.com/577211/SHAREHOLDER-ACTION-NOTICE-The-Schall-Law-Firm-Announces-it-is-Investigating-Claims-Against-Harsco-Corporation-and-Encourages-Investors-with-Losses-to-Contact-the-Firm
