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AO Smith Corporation

Case Summary

AO Smith Corporation Securities Litigation

Case Summary

Case Status:    ONGOING    
On or around 08/02/2019 (Ongoing date of last review)

Filing Date: May 28, 2019

According to the Complaint, A.O. Smith is a Milwaukee-based manufacturer of gas and electric water heaters, boilers, tanks and water treatment products.

The Complaint alleges that during the Class Period, the Defendants failed to disclose that the Company had used a distribution partner, Jiangsu UTP Supply Chain, to artificially inflate the Company’s sales and gross margins in the important Chinese market, and that as a result of this adverse information being withheld from the market, the price of the Company’s stock was artificially inflated during the Class Period.

Company & Securities Information

Defendant: AO Smith Corporation

COMPANY INFORMATION:

Sector: Consumer Cyclical
Industry: Appliance & Tool
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: AOS
Company Market: New York SE
Market Status: Public (Listed)

About the Company & Securities Data


"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

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

Henry Bleier, et al. v. AO Smith Corporation, et al.

COURT: E.D. Wisconsin
DOCKET #: 19-CV-00786
JUDGE: Hon. Lynn Adelman
DATE FILED: 05/28/2019
CLASS PERIOD START: 07/26/2016
CLASS PERIOD END: 05/16/2019
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Holzer & Holzer, LLC
  2. Mallery & Zimmerman S.C.
  3. Robbins Geller Rudman & Dowd LLP
First Identified Complaint (FIC) Filings:
No Document Title Filing Date
1 Complaint for Violations of the Federal Securities Laws 05/28/2019
2 U.S. District Court Civil Docket 05/28/2019

Reference Complaint

—Reference Complaint Complaint Related Data is not available

Related District Court Filings

—Related District Court Filings Data is not available
 
 

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