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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Boral Limited - BOALY cnweekly.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnweekly.com Daily Mail and Mail on Sunday newspapers.
Share: PHILADELPHIA, Dec. 10, 2020 (GLOBE NEWSWIRE) Kehoe Law Firm, P.C. is investigating potential securities claims on behalf of shareholders of Boral Limited ( Boral or the Company ) (OTC:BOALY, BOALF)) to determine whether the Company engaged in securities fraud or other unlawful business practices. On December 5, 2019, Boral stated . . . that it has identified certain financial irregularities in its North American Windows business, involving misreporting including in relation to inventory levels and raw material and labour costs at [its] Windows plants, as well as that . . . it is estimated the irregularities relating to the period between September 2018 and October 2019 will result in a one-off impact on earnings before interest, tax, depreciation and amortisation (EBITDA) in the order of US$20 million to US$30 million. ....