{"id":435370,"date":"2021-02-12T18:40:11","date_gmt":"2021-02-12T23:40:11","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=435370"},"modified":"2021-02-12T18:40:11","modified_gmt":"2021-02-12T23:40:11","slug":"investor-alert-kirby-mcinerney-llp-announces-an-investigation-of-shareholder-claims-against-key-tronic-corporation","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-announces-an-investigation-of-shareholder-claims-against-key-tronic-corporation\/","title":{"rendered":"INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Key Tronic Corporation"},"content":{"rendered":"

<\/p>\n

INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Key Tronic Corporation<\/b><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nThe law firm of Kirby McInerney LLP<\/a> is investigating potential claims against Key Tronic Corporation (\u201cKey Tronic\u201d or the \u201cCompany\u201d) (NASDAQ: KTCC<\/a>). The investigation focuses on the Company\u2019s possible violations of federal securities laws.\n<\/p>\n

\nOn February 10, 2021, Key Tronic reported that it had \u201creceived a notification from an employee regarding irregularities of the classification of inventory between raw material and work-in-process at a production facility.\u201d As a result, the Company could not timely file its quarterly report for the period ended December 26, 2020 while it conducted an internal investigation into the accounting matters.\n<\/p>\n

\nOn this news, the Company\u2019s stock price fell approximately 5.7%, or $0.48 per share, to close at $7.98 per share on February 11, 2021.\n<\/p>\n

\nIf you purchased or otherwise acquired Key Tronic securities, have information, or would like to learn more about these claims, please contact Thomas W. Elrod<\/a> of Kirby McInerney LLP<\/a> at 212-371-6600, by email at investigations@kmllp.com<\/a>, or by filling out this contact form<\/a>, to discuss your rights or interests with respect to these matters without any cost to you.\n<\/p>\n

Kirby McInerney LLP<\/a> is a New York-based plaintiffs\u2019 law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm\u2019s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP\u2019s website: http:\/\/www.kmllp.com<\/a>.\n<\/p>\n

\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210212005546\/en\/<\/a><\/span><\/p>\n

\nKirby McInerney LLP
\n
Thomas W. Elrod, Esq.
\n
212-371-6600
\n
https:\/\/www.kmllp.com
\n<\/a>
investigations@kmllp.com<\/a><\/p>\n

\n\u00a0\n<\/p>\n

KEYWORDS:<\/b> New York United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Key Tronic Corporation NEW YORK–(BUSINESS WIRE)– The law firm of Kirby McInerney LLP is investigating potential claims against Key Tronic Corporation (\u201cKey Tronic\u201d or the \u201cCompany\u201d) (NASDAQ: KTCC). The investigation focuses on the Company\u2019s possible violations of federal securities laws. On February 10, 2021, Key Tronic reported that it had \u201creceived a notification from an employee regarding irregularities of the classification of inventory between raw material and work-in-process at a production facility.\u201d As a result, the Company could not timely file its quarterly report for the period ended December 26, 2020 while it conducted an internal investigation into the accounting matters. On this news, the Company\u2019s stock price … <\/p>\n

Continue reading “INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Key Tronic Corporation”<\/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-435370","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nINVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Key Tronic Corporation - 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\/investor-alert-kirby-mcinerney-llp-announces-an-investigation-of-shareholder-claims-against-key-tronic-corporation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Key Tronic Corporation - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Key Tronic Corporation NEW YORK–(BUSINESS WIRE)– The law firm of Kirby McInerney LLP is investigating potential claims against Key Tronic Corporation (\u201cKey Tronic\u201d or the \u201cCompany\u201d) (NASDAQ: KTCC). The investigation focuses on the Company\u2019s possible violations of federal securities laws. On February 10, 2021, Key Tronic reported that it had \u201creceived a notification from an employee regarding irregularities of the classification of inventory between raw material and work-in-process at a production facility.\u201d As a result, the Company could not timely file its quarterly report for the period ended December 26, 2020 while it conducted an internal investigation into the accounting matters. 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