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INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Key Tronic Corporation (KTCC) on Behalf of Investors
February 18, 2021 GMT
BENSALEM, Pa.--(BUSINESS WIRE)--Feb 17, 2021--
Law Offices of Howard G. Smith continues its investigation on behalf of Key Tronic Corporation (“Key Tronic” or the “Company”) (NASDAQ: KTCC ) investors concerning the Company and its officers’ possible violations of federal securities laws.
On February 10, 2021, Key Tronic reported that it had “received a notification from an employee regarding irregularities of the classification of inventory between raw material and work-in-process at a production facility.” As a result, the Company could not timely file its quarterly report for the period ended December 26, 2020 while it conducted an internal investigation into the accounting matters.