Shareholders Foundation, Inc.

Investigation for Investors in Shares of NN, Inc. (NASDAQ:NNBR) over Potential Violations of Securities Laws

An investigation for investors in NN, Inc. (NASDAQ:NNBR) shares over potential securities laws violations by NN, Inc. was announced and NASDAQ:NNBR stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 03/21/2017 -- An investigation was announced for investors in NN, Inc. (NASDAQ:NNBR) shares concerning potential securities laws violations by NN, Inc. in connection certain financial statements.

Investors who purchased shares of NN, Inc. (NASDAQ:NNBR), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm focuses on whether certain statements by NN, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On March 16, 2017, NN, Inc. disclosed in a filing with the SEC that Company had "identified material weaknesses in our internal control over financial reporting which could, if not remediated, result in material misstatements in our financial statements. Because of these material weaknesses, our management concluded that we did not maintain effective internal control over financial reporting as of December 31, 2016."

Shares of NN, Inc. (NASDAQ:NNBR) closed on March 20, 2017 at $24.70 per share.

Those who purchased shares of NN, Inc. have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com