CAE INVESTIGATION NEWS: CAE, Inc. (NYSE:CAE) Investors that Suffered Losses are Notified to Contact BFA Law about Legal Review of Impairment Charges

If you invested in CAE, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases/cae-inc-investigation. On May 21, 2024, CAE announced preliminary earnings for Q4 2024 and that it initiated a "re-baselining" of its defense business because of eight underperforming legacy, fixed-price contracts. CAE further reported that it recorded a $568.0 million non-cash impairment of defense goodwill, $90.3 million in unfavorable defense contract profit adjustments, and a $35.7 millio ...