CVGI recently announced that its financial results for fiscal years 2018 and 2019 should no longer be relied upon due to misstatements. CVGI’s Audit Committee has determined that costs of revenues were understated and net income and diluted earnings per share were overstated during these years. CVGI’s share price fell over 38% over the next two trading days, to close at just $1.56 per share on March 18, 2020.
If you purchased or acquired shares of CVGI common stock and have questions about your legal rights or possess information relevant to this matter, please contact Block & Leviton attorneys at (617) 398-5600, or via email at email@example.com, or at https://shareholder.law/cvgi.
Block & Leviton LLP is a firm dedicated to representing investors and maintaining the integrity of the country’s financial markets. The firm represents many of the nation’s largest institutional investors as well as individual investors in securities litigation throughout the United States. The firm’s lawyers have recovered billions of dollars for its clients.