SHAREHOLDER ALERT: Pawar Law Group Announces a Securities Class Action Lawsuit Against Mueller Water Products, Inc. – MWA

NEW YORK, April 18, 2019 (GLOBE NEWSWIRE) -- Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of Mueller Water Products, Inc. (NYSE: MWA) from May 9, 2016 through August 6, 2018, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Mueller investors under the federal securities laws.

To join the Mueller class action, go to http://pawarlawgroup.com/cases/mueller-water-products-inc/ or call Vik Pawar, Esq. or toll-free at 888-589-9804 or email info@pawarlawgroup.com for information on the class action.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Mueller lacked adequate testing for product quality; (2) certain products with radio components were susceptible to fail prematurely; (3) as a result, Mueller was reasonably likely to incur increased expenses, including warranty costs; (4) these costs would materially impact Mueller’s financial statements; (5) Mueller lacked adequate internal controls over warranty costs and estimates; and (6) as a result of the foregoing, Mueller’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 10, 2019. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://pawarlawgroup.com/cases/mueller-water-products-inc/ or call Vik Pawar, Esq. or toll-free at 888-589-9804 or email info@pawarlawgroup.com for information on the class action.

No class has been certified.  Until a class is certified, you are not represented by counsel unless you hire one.  You may hire counsel of your choice.  You may also do nothing at this time and be an absent member of the class.  Your ability to share in any future recovery is not dependent upon being a lead plaintiff. 

Pawar Law Group represents investors from around the world.
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Contact:  
Vik Pawar, Esq.  
Pawar Law Group  
20 Vesey Street, Suite 1210  
New York, NY 10007  
Tel: (917) 261-2277  
Fax: (212) 571-0938  
info@pawarlawgroup.com