SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Jabil Inc. - JBL
NEW YORK, May 21, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Jabil Inc. (“Jabil” or the “Company”) (NYSE: JBL). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether Jabil and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On April 18, 2024, Jabil disclosed in filing with the U.S. Securities and Exchange Commission that “[o]n April 15, 2024, Mr. Kenneth S. Wilson, Chief Executive Officer and Director of [Jabil] was placed on a paid leave pending completion of an investigation related to corporate policies.” Additionally, the Company represented that “[t]he conduct that prompted this review does not relate to, and does not impact, the Company's financial statements or financial reporting.”
On this news, Jabil’s stock price fell $10.84 per share, or 8.36%, to close at $118.75 per share on April 19, 2024.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered billions of dollars in damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Danielle Peyton
Pomerantz LLP
dpeyton@pomlaw.com
646-581-9980 ext. 7980
![](https://ml.globenewswire.com/media/YTg2MDc1NDMtYjJmYy00NWZhLWE0MGItMTM5ODM5NjY3YmI3LTEwMjkyMTc=/tiny/Pomerantz-LLP.png)
-
What Does Chipotle’s Stock Split Mean for Investors?
-
5 Stocks to Buy Before the Fed Cuts Interest Rates in 2024
-
Markets Brief: Inflation Is Back In the Spotlight
-
What’s Happening In the Markets This Week
-
What a Strong Economy Now Means for the Rest of 2024
-
4 Wide-Moat Stocks to Buy for the Long Term While They’re Undervalued Today
-
Markets Brief: Four Stocks Made Up 80% of the Gains. Can It Last?
-
Is It Time to Ditch Your Money Market Fund for Longer-Term Bonds?
-
Investment Opportunities in US Renewable Energy
-
10 Best Value Stocks to Buy for the Long Term
-
A Wide-Moat Stock to Invest in That’s 35% Undervalued
-
Airbus: We Believe Investors May Be Overreacting to Lowered Guidance and Charge
-
10 Stocks the Best Fund Managers Have Been Selling
-
TSMC Fair Value Raised 45% on Stronger AI Demand
-
3 International Stocks the Best Managers Have Been Buying
-
After Earnings, Is Adobe Stock a Buy, a Sell, or Fairly Valued?