{"id":92682,"date":"2023-02-24T05:35:58","date_gmt":"2023-02-24T05:35:58","guid":{"rendered":"http:\/\/lebanonnewsgazette.com\/?guid=6a87d1b8634b0524a5c1297e358f51dd"},"modified":"2023-02-24T05:35:58","modified_gmt":"2023-02-24T05:35:58","slug":"rosen-global-investor-counsel-encourages-northrop-grumman-corporation-investors-to-inquire-about-class-action-investigation-noc","status":"publish","type":"post","link":"https:\/\/lebanonnewsgazette.com\/rosen-global-investor-counsel-encourages-northrop-grumman-corporation-investors-to-inquire-about-class-action-investigation-noc\/","title":{"rendered":"ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Northrop Grumman Corporation Investors to Inquire About Class Action Investigation \u2013 NOC"},"content":{"rendered":"
\n

NEW YORK, Feb. 23, 2023 (GLOBE NEWSWIRE) —
\n<\/strong><\/p>\n

WHY:\u00a0<\/strong>Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Northrop Grumman Corporation (NYSE: NOC) resulting from allegations that Northrop may have issued materially misleading business information to the investing public.<\/p>\n

SO WHAT:<\/strong> If you purchased Northrop securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.<\/p>\n

WHAT TO DO NEXT: <\/strong>To join the prospective class action, go to https:\/\/rosenlegal.com\/submit-form\/?case_id=11885<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com<\/a> or cases@rosenlegal.com<\/a> for information on the class action.<\/p>\n

WHAT IS THIS ABOUT:<\/strong> On January 26, 2023, Northrop released its fourth quarter and full-year 2022 financial results, disclosing that the Company had received a criminal subpoena from the U.S. Department of Justice (\u201cDOJ\u201d) on December 9, 2022, \u201cseeking information regarding financial and cost accounting and controls that appears focused on the interest rate the company used to determine [its cost accounting standards] pension expense.\u201d<\/p>\n

On this news, Northrop\u2019s stock price fell $19.82, or 4.3%, to close at $443.47 per share on January 26, 2023, thereby injuring investors.<\/p>\n

WHY ROSEN LAW: <\/strong>We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs\u2019 Bar. Many of the firm\u2019s attorneys have been recognized by Lawdragon and Super Lawyers.<\/p>\n

Follow us for updates on LinkedIn: https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>, on Twitter: https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: https:\/\/www.facebook.com\/rosenlawfirm\/<\/a>.<\/p>\n

Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n

Contact Information:<\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Laurence Rosen, Esq.
\nPhillip Kim, Esq.
\nThe Rosen Law Firm, P.A.
\n275 Madison Avenue, 40th Floor
\nNew York, NY 10016
\nTel: (212) 686-1060
\nToll Free: (866) 767-3653
\nFax: (212) 202-3827
\nlrosen@rosenlegal.com<\/a>
\npkim@rosenlegal.com<\/a>
\ncases@rosenlegal.com<\/a>
\nwww.rosenlegal.com<\/a><\/p>\n

GlobeNewswire Distribution ID 8755969<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, Feb. 23, 2023 (GLOBE NEWSWIRE) \u2014 WHY:\u00a0Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Northrop Grumman Corporation (NYSE: NOC) resulting from allegations that Northrop may have issued materially misleading business information to the investing public. 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