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Stock impact report

Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Leidos Holdings, Inc. (LDOS) Investigation

Leidos Holdings, Inc. (LDOS) 
Last leidos holdings, inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.leidos.com
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Leidos Holdings, Inc. ("Leidos" or "the Company") (NYSE: LDOS). Investors who purchased Leidos securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: www.bgandg.com/ldos.The investigation concerns whether Leidos and certain of its officers and/or directors have violated federal securities laws.On February 16, 2021, Spruce Point Capital Management reported that “Leidos’ $1.0 billion levered acquisition of L3Harris’ Security Detection and Automation business (SD&A) is experiencing significant problems, including product defects, that increase the likelihood of a material adverse effect.” The report continued to allege that Leidos misstated revenue, citing, for example, a $6 million variance between the third quarter 2020 investor presentation and a Form 10-Q, which “raises the p Show less Read more
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