{"id":404183,"date":"2020-12-21T22:40:16","date_gmt":"2020-12-22T03:40:16","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=404183"},"modified":"2020-12-21T22:40:16","modified_gmt":"2020-12-22T03:40:16","slug":"rosen-leading-investor-counsel-announces-investigation-of-securities-claims-against-boral-limited-boaly-boalf","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-leading-investor-counsel-announces-investigation-of-securities-claims-against-boral-limited-boaly-boalf\/","title":{"rendered":"ROSEN, LEADING INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Boral Limited &#8211; BOALY, BOALF"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">Dec. 21, 2020<\/span> \/PRNewswire\/ &#8212;\u00a0Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Boral Limited (OTC: BOALY, BOALF) resulting from allegations that Boral may have issued materially misleading business information to the investing public.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/405060\/Rosen_Law_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/405060\/Rosen_Law_Logo.jpg\" title=\"Rosen Law Firm, P.A. Logo\" alt=\"Rosen Law Firm, P.A. Logo\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>On <span class=\"xn-chron\">December 5, 2019<\/span>, Boral disclosed that it identified financial irregularities in its North American window business, involving the misreporting of inventory levels and raw material and labor cost at the window plants, and was conducting an internal investigation into the matter.<\/p>\n<p>On <span class=\"xn-chron\">February 9, 2020<\/span>, Boral revealed that its investigation had found inflated earnings at its North American window-making business and announced that the Company had fired the division&#8217;s vice president of finance and financial controller.<\/p>\n<p>On this news, Boral&#8217;s American depositary receipt price fell <span class=\"xn-money\">$1.08<\/span> per share, or 7%, to close at <span class=\"xn-money\">$12.72<\/span> per share on <span class=\"xn-chron\">February 10, 2020<\/span>.<\/p>\n<p>Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Boral investors. If you purchased shares of Boral please visit the firm&#8217;s website at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3020188-1&amp;h=249689173&amp;u=http%3A%2F%2Fwww.rosenlegal.com%2Fcases-register-1775.html&amp;a=http%3A%2F%2Fwww.rosenlegal.com%2Fcases-register-1775.html\" rel=\"nofollow noopener noreferrer\">http:\/\/www.rosenlegal.com\/cases-register-1775.html<\/a>\u00a0to join the class action. You may also contact <span class=\"xn-person\">Phillip Kim<\/span> of Rosen Law Firm toll free at 866-767-3653 or via email at <a target=\"_blank\" href=\"mailto:pkim@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">pkim@rosenlegal.com<\/a> or <a target=\"_blank\" href=\"mailto:cases@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">cases@rosenlegal.com<\/a>.<\/p>\n<p>Follow us for updates on LinkedIn: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3020188-1&amp;h=2670300191&amp;u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm&amp;a=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm\" rel=\"nofollow noopener noreferrer\">https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a> or on Twitter: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3020188-1&amp;h=2773337675&amp;u=https%3A%2F%2Ftwitter.com%2Frosen_firm&amp;a=https%3A%2F%2Ftwitter.com%2Frosen_firm\" rel=\"nofollow noopener noreferrer\">https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3020188-1&amp;h=29789415&amp;u=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm&amp;a=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm\" rel=\"nofollow noopener noreferrer\">https:\/\/www.facebook.com\/rosenlawfirm<\/a>. <\/p>\n<p>Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm&#8217;s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.<\/p>\n<p>Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n<p>Contact Information:<\/p>\n<p id=\"indentid\" class=\"prnml40\">\n        <span class=\"xn-person\">Laurence Rosen, Esq.<\/span><br \/>\n        <br \/>\n        <span class=\"xn-person\">Phillip Kim, Esq.<\/span><br \/>\n        <br \/>The Rosen Law Firm, P.A.<br \/>275 Madison Avenue, 40<sup>th<\/sup> Floor<br \/><span class=\"xn-location\">New York, NY<\/span> 10016<br \/>Tel: (212) 686-1060<br \/>Toll Free: (866) 767-3653<br \/>Fax: (212) 202-3827<br \/><a target=\"_blank\" href=\"mailto:lrosen@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">lrosen@rosenlegal.com<\/a><br \/><a target=\"_blank\" href=\"mailto:pkim@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">pkim@rosenlegal.com<\/a><br \/><a target=\"_blank\" href=\"mailto:cases@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">cases@rosenlegal.com<\/a><br \/><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3020188-1&amp;h=3366560135&amp;u=http%3A%2F%2Fwww.rosenlegal.com%2F&amp;a=www.rosenlegal.com\" rel=\"nofollow noopener noreferrer\">www.rosenlegal.com<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC31343&amp;sd=2020-12-21\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/rosen-leading-investor-counsel-announces-investigation-of-securities-claims-against-boral-limited--boaly-boalf-301197199.html\">http:\/\/www.prnewswire.com\/news-releases\/rosen-leading-investor-counsel-announces-investigation-of-securities-claims-against-boral-limited&#8211;boaly-boalf-301197199.html<\/a><\/p>\n<p>SOURCE  Rosen Law Firm, P.A.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DC31343&amp;Transmission_Id=202012212237PR_NEWS_USPR_____DC31343&amp;DateId=20201221\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK, Dec. 21, 2020 \/PRNewswire\/ &#8212;\u00a0Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Boral Limited (OTC: BOALY, BOALF) resulting from allegations that Boral may have issued materially misleading business information to the investing public. On December 5, 2019, Boral disclosed that it identified financial irregularities in its North American window business, involving the misreporting of inventory levels and raw material and labor cost at the window plants, and was conducting an internal investigation into the matter. On February 9, 2020, Boral revealed that its investigation had found inflated earnings at its North American window-making business and announced that the Company had fired the division&#8217;s &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-leading-investor-counsel-announces-investigation-of-securities-claims-against-boral-limited-boaly-boalf\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ROSEN, LEADING INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Boral Limited &#8211; BOALY, BOALF&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-404183","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ROSEN, LEADING INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Boral Limited - BOALY, BOALF - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-leading-investor-counsel-announces-investigation-of-securities-claims-against-boral-limited-boaly-boalf\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ROSEN, LEADING INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Boral Limited - BOALY, BOALF - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, Dec. 21, 2020 \/PRNewswire\/ &#8212;\u00a0Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Boral Limited (OTC: BOALY, BOALF) resulting from allegations that Boral may have issued materially misleading business information to the investing public. On December 5, 2019, Boral disclosed that it identified financial irregularities in its North American window business, involving the misreporting of inventory levels and raw material and labor cost at the window plants, and was conducting an internal investigation into the matter. On February 9, 2020, Boral revealed that its investigation had found inflated earnings at its North American window-making business and announced that the Company had fired the division&#8217;s &hellip; Continue reading &quot;ROSEN, LEADING INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Boral Limited &#8211; BOALY, BOALF&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-leading-investor-counsel-announces-investigation-of-securities-claims-against-boral-limited-boaly-boalf\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-22T03:40:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/405060\/Rosen_Law_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rosen-leading-investor-counsel-announces-investigation-of-securities-claims-against-boral-limited-boaly-boalf\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rosen-leading-investor-counsel-announces-investigation-of-securities-claims-against-boral-limited-boaly-boalf\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"ROSEN, LEADING INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Boral Limited &#8211; 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On December 5, 2019, Boral disclosed that it identified financial irregularities in its North American window business, involving the misreporting of inventory levels and raw material and labor cost at the window plants, and was conducting an internal investigation into the matter. On February 9, 2020, Boral revealed that its investigation had found inflated earnings at its North American window-making business and announced that the Company had fired the division&#8217;s &hellip; Continue reading \"ROSEN, LEADING INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Boral Limited &#8211; BOALY, BOALF\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-leading-investor-counsel-announces-investigation-of-securities-claims-against-boral-limited-boaly-boalf\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-22T03:40:16+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/405060\/Rosen_Law_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-leading-investor-counsel-announces-investigation-of-securities-claims-against-boral-limited-boaly-boalf\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-leading-investor-counsel-announces-investigation-of-securities-claims-against-boral-limited-boaly-boalf\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"ROSEN, LEADING INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Boral Limited &#8211; 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