On or around 06/29/2019 (Ongoing date of last review)
Filing Date: November 05, 2018
According to the Complaint, Apogee Enterprises, Inc. ("Apogee" or the Company) purports to be an industry leader in architectural products and services. It operates nine companies, 15 fabrication and manufacturing locations in the United States, and nine international locations. The Company claims to generate most of its revenue through its architectural glass, metal and installation businesses.
The Complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Apogee lacked the required labor force in place to ramp-up its production; (ii) Apogee was unable to hire, train and retain new employees; (iii) Apogee’s productivity and margins would be negatively impacted; and (iv) as a result of the foregoing, Defendants’ statements about the Company’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.
On February 26, 2019, the Court issued an Order appointing Lead Plaintiff and Counsel. Lead Plaintiff filed an amended Complaint on April 26.
Company & Securities Information
Defendant: Apogee Enterprises, Inc.
Sector: Capital Goods
Industry: Constr. - Supplies & Fixtures
Headquarters: United States
Ticker Symbol: APOG
Company Market: NASDAQ
Market Status: Public (Listed)
About the Company & Securities Data
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In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
First Identified Complaint
Murray Mayer, et al. v. Apogee Enterprises, Inc., et al.