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INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of BorgWarner Inc. Investors (BWA)

BorgWarner Inc. (BWA) 
Last borgwarner inc. earnings: 2/13 06:30 am Check Earnings Report
US:NYSE Investor Relations: borgwarner.com/investors
Company Research Source: Business Wire
BENSALEM, Pa.--(BUSINESS WIRE)-- Law Offices of Howard G. Smith announces that it has commenced an investigation on behalf of BorgWarner Inc. (“BorgWarner” or the “Company”) (NYSE: BWA) investors concerning the Company and its officers’ possible violations of federal securities laws in connection with allegedly misleading investors regarding its exposure to asbestos related claims. On June 15, 2018, BorgWarner stated that the Audit Committee of its Board of Directors "concluded on June 12, 2018 . . . that the Company's consolidated financial statements for the fiscal years ended December 31, 2016 and 2015 included in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2017 should be restated, and that such consolidated financial statements should no longer be relied upon, due to the Company's re-evaluation of its accounting for liabilities relating to the estimated value of in Show less Read more
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