Our securities attorneys are investigating potential claims on behalf of investors of Amec Foster Wheeler plc (NASDAQ: AMFW) involving possible securities law violations.
U.K. Serious Fraud Office Investigation Prompts Drop in Share Price
On July 11, 2017, Amec Foster Wheeler disclosed that it was being investigated by the U.K.’s Serious Fraud Office for “past use of third parties and possible bribery and corruption and related offenses.”
Following this news, Amec Foster Wheeler’s share price fell by 4.57% on July 11, 2017. The company’s shares fell an additional 2.3% on July 12, 2017, causing significant harm to investors.
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Girard Gibbs LLP is one of the nation’s leading firms representing individual and institutional investors in securities litigation to correct abusive corporate governance practices, breaches of fiduciary duty, and proxy violations. The firm has recovered over a billion dollars for its clients against some of the world’s largest corporations, and has earned Tier-1 rankings and been named in the U.S. Lawyers – Best Law Firms list for four consecutive years.