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Stock impact report

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of Cavco Industries, Inc. Investors (CVCO)

Cavco Industries, Inc. (CVCO) 
US:NASDAQ Investor Relations: investor.cavco.com
Company Research Source: Business Wire
BENSALEM, Pa.--(BUSINESS WIRE)-- Law Offices of Howard G. Smith announces an investigation on behalf of Cavco Industries, Inc. (“Cavco” or the “Company”) (NASDAQ: CVCO) investors concerning the Company and its officers’ possible violations of federal securities laws. On November 8, 2018, Cavco revealed that it had received a subpoena from the SEC’s Division of Enforcement on August 20, 2018, requesting certain documents relating to trading in the stock of a public company, and that then-Chief Executive Officer Joseph Stegmayer had received a subpoena regarding similar issues on October 1, 2018. Cavco stated: “At this time, the Company believes that Mr. Stegmayer traded in certain publicly traded stock in his personal accounts as well as in accounts held by Cavco at a time when the Company had agreed to refrain from such trading. The Company intends to cooperate fully with the SEC's investigation. Show less Read more
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