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REZI Resideo Technologies Inc

20.75
0.26 (1.27%)
After Hours
Last Updated: 23:57:36
Delayed by 15 minutes
Share Name Share Symbol Market Type
Resideo Technologies Inc NYSE:REZI NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.26 1.27% 20.75 21.015 20.6259 20.74 866,808 23:57:36

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Resideo Technologies, Inc. In...

24/12/2019 1:49am

Business Wire


Resideo Technologies (NYSE:REZI)
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From May 2019 to May 2024

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The Law Offices of Frank R. Cruz (“FRC”) announces that a class action lawsuit has been filed on behalf of Resideo Technologies, Inc. (“Resideo” or the “Company”) (NYSE: REZI) securities between October 10, 2018 and October 22, 2019, inclusive (the “Class Period”). Resideo investors have until January 7, 2020 to file a lead plaintiff motion.

If you are a shareholder who suffered a loss, click here to participate.

On October 22, 2019, after the market closed, Resideo lowered its fiscal 2019 revenue guidance by $80 million and disclosed that it would be doing a full financial and operational review of the business. The same day, Resideo announced that its Chief Financial Officer, Joseph D. Ragan III, would be leaving the Company on November 6, 2019.

On this news, Resideo's stock price fell $5.73 per share, or over 37%, to close at $9.50 per share on October 23, 2019, thereby injuring investors.

Follow us for updates on Twitter: twitter.com/FRC_LAW.

If you purchased Resideo securities during the Class Period, you may move the Court no later than January 7, 2020 to ask the Court to appoint you as lead plaintiff. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you purchased Resideo 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 FRC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to fcruz@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.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

The Law Offices of Frank R. Cruz, Los Angeles Frank R. Cruz, 310-914-5007 fcruz@frankcruzlaw.com www.frankcruzlaw.com

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