Flowserve Corporation (FLS)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Flowserve Corporation (“Flowserve” or “the Company”) (NYSE: FLS). Investors who purchased Flowserve shares are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether Flowserve has violated federal securities laws.
On September 13, 2022, Flowserve announced disruptions related to implementing new technology to manage operations and one-time expenses, advising investors that the developments will reduce third-quarter EPS by $0.18 to $0.22. On this news, Flowserve’s stock price fell $2.36 per share, or 7.66%, to close at $28.43 per share on September 14, 2022.
If you are aware of any facts relating to this investigation or purchased Flowserve shares, you can assist this investigation. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.