Core Viewpoint - A securities class action lawsuit has been filed against CAE, Inc. for failing to disclose material information during the class period, which has led to significant financial impairments and a drop in share price [5][6]. Group 1: Lawsuit Details - Investors have until September 16, 2024, to file lead plaintiff applications if they purchased CAE shares between February 11, 2022, and May 21, 2024 [1]. - The lawsuit is pending in the United States District Court for the Southern District of New York, under the case name Norbert Gamache v. CAE Inc., et al., 24-cv-05360 [3]. Group 2: Financial Impact - On May 21, 2024, CAE disclosed a 90.3 million in unfavorable contract profit adjustments and a 19.83 on May 21, 2024, to $18.80 on May 22, 2024 [6]. Group 3: ClaimsFiler Services - ClaimsFiler provides a free service for investors to recover funds from securities class action settlements, allowing them to register for information, upload portfolio data, and submit inquiries for case evaluations [4].
CAE SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against CAE, Inc. – CAE