The Law Offices of Frank R. Cruz announces an investigation of Huntington Ingalls Industries, Inc. (“Huntington Ingalls” or the “Company”) (NYSE: HII) on behalf of investors concerning the Company’s possible violations of federal securities laws.
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On October 31, 2024, Huntington Ingalls released its third quarter 2024 financial results, missing consensus estimates and revising downward its full year guidance, attributing results to “reduced experience levels within [the Company’s] teams, both in production touch labor and supervision.”
On this news, Huntington Ingalls’ stock price fell $65.53, or 25.4%, to close at $184.96 per share on October 31, 2024, thereby injuring investors.
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If you purchased Huntington Ingalls 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 The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067 at 310-914-5007, by email to info@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.
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