RTX INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Involving Possible Securities Fraud Violations by Officers of RTX Corporation
NEW YORK, July 26, 2023 (GLOBE NEWSWIRE) -- Levi & Korsinsky notifies investors that it has commenced an investigation of RTX Corporation (“RTX” or the “Company”) (NYSE: RTX) concerning possible violations of federal securities laws.
On July 25, 2023, the Company reported its Q2 earnings which disclosed a “condition” in its Pratt & Whitney jet engine unit. The Company stated, “Pratt & Whitney has determined that a rare condition in powdered metal used to manufacture certain engine parts will require accelerated fleet inspection.” The Company expects a significant portion of the PW1100G-JM engine fleet will require accelerated removals and inspection within the next nine to twelve months.
On this news, RTX stock price fell sharply from $97.01 per share on July 24, 2023 to $86.87 on July 25, 2023. To obtain additional information, go to:
https://zlk.com/pslra-1/rtx-lawsuit-submission-form?wire=3
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, Suite #427
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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