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Stock impact report

The Law Offices of Frank R. Cruz Continues Its Investigation on Behalf of Commercial Vehicle Group Inc. Investors (CVGI)

Commercial Vehicle Group, Inc. (CVGI) 
Last commercial vehicle group, inc. earnings: 3/16 04:45 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.cvgrp.com
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues its investigation on behalf of Commercial Vehicle Group, Inc. ("Commercial Vehicle Group” or "the Company") (NASDAQ: CVGI) investors concerning the Company and its officers’ possible violations of federal securities laws.If you are a shareholder who suffered a loss, click here to participate.On March 16, 2020, after the market closed, Commercial Vehicle Group issued a press release announcing its fourth quarter and full year 2019 financial results. Therein, the Company disclosed that certain financial statements for fiscal 2018 and 2019 periods should no longer be relied upon due to misstatements. Its Audit Committee had determined, among other things, that for the nine months ended September 30, 2019, cost of revenues was understated by $4.6 million, net income was overstated by $3.5 million, and diluted earnings per share was overstated by $0.11.On this news, the Company's share price fell $0.96, or over 38 Show less Read more
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