{"id":789824,"date":"2023-10-11T22:41:24","date_gmt":"2023-10-12T02:41:24","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/rtx-shareholder-alert-edelson-lechtzin-llp-urges-current-holders-of-rtx-corporation-f-k-a-raytheon-technologies-corporation-nyse-rtx-to-consult-legal-counsel-about-the-potential-legal-remedies\/"},"modified":"2023-10-11T22:41:24","modified_gmt":"2023-10-12T02:41:24","slug":"rtx-shareholder-alert-edelson-lechtzin-llp-urges-current-holders-of-rtx-corporation-f-k-a-raytheon-technologies-corporation-nyse-rtx-to-consult-legal-counsel-about-the-potential-legal-remedies","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rtx-shareholder-alert-edelson-lechtzin-llp-urges-current-holders-of-rtx-corporation-f-k-a-raytheon-technologies-corporation-nyse-rtx-to-consult-legal-counsel-about-the-potential-legal-remedies\/","title":{"rendered":"RTX SHAREHOLDER ALERT: Edelson Lechtzin LLP Urges Current Holders of RTX Corporation f\/k\/a Raytheon Technologies Corporation (NYSE: RTX) to Consult Legal Counsel About the Potential Legal Remedies"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">NEWTOWN, Pa., Oct.  11, 2023  (GLOBE NEWSWIRE) &#8212; The law firm of Edelson Lechtzin LLP is investigating potential breach of fiduciary duty claims on behalf of current holders of RTX Corporation f\/k\/a Raytheon Technologies Corporation (\u201cRTX\u201d) (NYSE: RTX) common stock who acquired their shares between February 8, 2021, and July 25, 2023, inclusive.<\/p>\n<p align=\"justify\">Current holders of RTX stock may pursue corporate governance reforms. Please contact Edelson Lechtzin LLP at <strong>844-696-7492<\/strong> to discuss your investment losses, or by e-mail at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=h2YsNs-N6Q9N6pAZPFoRbsmJT3cfl5o_gO-Bowk46awzowz3j3iNAfVt2HRP25spHEBqI0jnt-nJImENRvEN_m1a1L-b4UYqb9FWro5B_NbtmC9w5hBBMWtffZcFOAQQ\" rel=\"nofollow noopener\" target=\"_blank\">elechtzin@edelson-law.com<\/a>. For more information, click <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=sIQSijg6HjVn22Cys9-wlM0zdT68YT2vCzAv4KDY0Q3BLoYNu9rd24NsZa9eze1a2e71UZ0jnGBJ6MSESFwD6o-eOR2JP7qPzArshSgTXorPtI1keR7UMjk4YJC3sfQ2ew_a8u_VkGTKs_dzpkzcSQudhiy4NavQNoCYuJRkuFBljK4jLK-NpxPZaSOgXgLnA7l9dq7B2kbyka7dwgeFYCjH3lZjTiwzD71S4APSVtFFvaI8VNoHJ3N01T5FUBmDiMssTt3PJp-mnLHLuOjYMNXpdPe8hbX1PFHrzKv7dZw=\" rel=\"nofollow noopener\" target=\"_blank\"><strong>HERE<\/strong><\/a>.<\/p>\n<p>\n        <u>Background on RTX Corporation (f\/k\/a Raytheon Technologies Corporation) <\/u>\n      <\/p>\n<p>RTX Corporation is a multinational conglomerate that specializes in aerospace and defense. Headquartered in Arlington, Virginia, it is one of the world\u2019s largest manufacturers in the industry in terms of both revenue and market capitalization. One of RTX\u2019s principal business segments, Pratt &amp; Whitney, produces the PW1000G Geared Turbofan (\u201cGTF\u201d) engine family, which is currently the subject of shareholder litigation.<\/p>\n<p align=\"justify\">\n        <u>The Claims<\/u>\n      <\/p>\n<p align=\"justify\">It is alleged that RTX and its senior officers made materially false and\/or misleading statements and\/or omissions regarding RTX\u2019s business, operations, and prospects, including that: (i) the GTF engines had been affected from at least 2015-2020 by a significant quality control issue; (ii) this quality control issue would require RTX to recall and reinspect many of its GTF-equipped airplanes, affecting customers and harming its business.<\/p>\n<p align=\"justify\">On July 25, 2023, Reuters released an article discussing how RTX stock had dropped on the news that \u201cmore than 1,000 [GTF] engines must [be] removed from Airbus planes and checked for microscopic cracks.\u201d On this news, RTX\u2019s share price fell $9.91 per share, or 10.2%, to close at $87.10 on July 25, 2023.<\/p>\n<p>\n        <u>For more information, please contact:<\/u>\n      <\/p>\n<p>Marc H. Edelson, Esq.<br \/>Eric Lechtzin, Esq.<br \/>EDELSON LECHTZIN LLP<br \/>411 S. State Street, Suite N-300<br \/>Newtown, PA 18940<br \/>Phone: 844-696-7492 or 215-867-2399 ext. 1<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=bYdeECur4t7XNfrLwr3lhiJ4GTu-TEexVKScEVvSb0RIYr6z5RRs24Zc3EwkXm3TvAe109O4r1UGUWkPczcy4jcnQjlIbfk8akNpfSEgFK0=\" rel=\"nofollow noopener\" target=\"_blank\">medelson@edelson-law.com<\/a><br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=h2YsNs-N6Q9N6pAZPFoRbsmJT3cfl5o_gO-Bowk46ax5Nd1_yGTVi7RyDTzs1O7u6D3Hwq_E2tmVBIohId8UvIXtR1hTuAiNtP57B4-mOqT4Om9EXpKg3ihbQMibjSEX\" rel=\"nofollow noopener\" target=\"_blank\">elechtzin@edelson-law.com<\/a><br \/>Web: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=EZyyJkIBCgeF0hY_YXnXTUJ9znBbzZE_zALseRyJt6a1d4PCFZhyXpKJBBuHt_L7Il7t68elqtZpfoRvunGPnAFUn1aa8ODmzmKojhe5NU0=\" rel=\"nofollow noopener\" target=\"_blank\">www.edelson-law.com<\/a><\/p>\n<p>Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to cases involving securities and investment fraud, our lawyers focus on class and collective litigation in cases alleging violations of the federal antitrust laws, employee benefit plans under ERISA, wage theft and unpaid overtime, consumer fraud, and dangerous and defective drugs and medical devices.<\/p>\n<p>This press release may be considered Attorney Advertising in some jurisdictions. No class has been certified in this case, so you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. Your ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.<\/p>\n<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODk0ODAxNyM1ODY5NDQ3IzIyNTE3NTE=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/OWFiYzU2NGEtOGJhOS00YjAwLTkyY2EtN2RiZjlkYWJiNmQ2LTEyNjMzMDQ=\/tiny\/Edelson-Lechtzin-LLP.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEWTOWN, Pa., Oct. 11, 2023 (GLOBE NEWSWIRE) &#8212; The law firm of Edelson Lechtzin LLP is investigating potential breach of fiduciary duty claims on behalf of current holders of RTX Corporation f\/k\/a Raytheon Technologies Corporation (\u201cRTX\u201d) (NYSE: RTX) common stock who acquired their shares between February 8, 2021, and July 25, 2023, inclusive. Current holders of RTX stock may pursue corporate governance reforms. Please contact Edelson Lechtzin LLP at 844-696-7492 to discuss your investment losses, or by e-mail at elechtzin@edelson-law.com. For more information, click HERE. Background on RTX Corporation (f\/k\/a Raytheon Technologies Corporation) RTX Corporation is a multinational conglomerate that specializes in aerospace and defense. Headquartered in Arlington, Virginia, it is one of the world\u2019s largest manufacturers in the industry &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rtx-shareholder-alert-edelson-lechtzin-llp-urges-current-holders-of-rtx-corporation-f-k-a-raytheon-technologies-corporation-nyse-rtx-to-consult-legal-counsel-about-the-potential-legal-remedies\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;RTX SHAREHOLDER ALERT: Edelson Lechtzin LLP Urges Current Holders of RTX Corporation f\/k\/a Raytheon Technologies Corporation (NYSE: RTX) to Consult Legal Counsel About the Potential Legal Remedies&#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-789824","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>RTX SHAREHOLDER ALERT: Edelson Lechtzin LLP Urges Current Holders of RTX Corporation f\/k\/a Raytheon Technologies Corporation (NYSE: RTX) to Consult Legal Counsel About the Potential Legal Remedies - 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\/rtx-shareholder-alert-edelson-lechtzin-llp-urges-current-holders-of-rtx-corporation-f-k-a-raytheon-technologies-corporation-nyse-rtx-to-consult-legal-counsel-about-the-potential-legal-remedies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RTX SHAREHOLDER ALERT: Edelson Lechtzin LLP Urges Current Holders of RTX Corporation f\/k\/a Raytheon Technologies Corporation (NYSE: RTX) to Consult Legal Counsel About the Potential Legal Remedies - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEWTOWN, Pa., Oct. 11, 2023 (GLOBE NEWSWIRE) &#8212; The law firm of Edelson Lechtzin LLP is investigating potential breach of fiduciary duty claims on behalf of current holders of RTX Corporation f\/k\/a Raytheon Technologies Corporation (\u201cRTX\u201d) (NYSE: RTX) common stock who acquired their shares between February 8, 2021, and July 25, 2023, inclusive. Current holders of RTX stock may pursue corporate governance reforms. Please contact Edelson Lechtzin LLP at 844-696-7492 to discuss your investment losses, or by e-mail at elechtzin@edelson-law.com. For more information, click HERE. Background on RTX Corporation (f\/k\/a Raytheon Technologies Corporation) RTX Corporation is a multinational conglomerate that specializes in aerospace and defense. Headquartered in Arlington, Virginia, it is one of the world\u2019s largest manufacturers in the industry &hellip; Continue reading &quot;RTX SHAREHOLDER ALERT: Edelson Lechtzin LLP Urges Current Holders of RTX Corporation f\/k\/a Raytheon Technologies Corporation (NYSE: RTX) to Consult Legal Counsel About the Potential Legal Remedies&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/rtx-shareholder-alert-edelson-lechtzin-llp-urges-current-holders-of-rtx-corporation-f-k-a-raytheon-technologies-corporation-nyse-rtx-to-consult-legal-counsel-about-the-potential-legal-remedies\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-12T02:41:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODk0ODAxNyM1ODY5NDQ3IzIyNTE3NTE=\" \/>\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\\\/rtx-shareholder-alert-edelson-lechtzin-llp-urges-current-holders-of-rtx-corporation-f-k-a-raytheon-technologies-corporation-nyse-rtx-to-consult-legal-counsel-about-the-potential-legal-remedies\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rtx-shareholder-alert-edelson-lechtzin-llp-urges-current-holders-of-rtx-corporation-f-k-a-raytheon-technologies-corporation-nyse-rtx-to-consult-legal-counsel-about-the-potential-legal-remedies\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"RTX SHAREHOLDER ALERT: Edelson Lechtzin LLP Urges Current Holders of RTX Corporation f\\\/k\\\/a Raytheon Technologies Corporation (NYSE: RTX) to Consult Legal Counsel About the Potential Legal Remedies\",\"datePublished\":\"2023-10-12T02:41:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rtx-shareholder-alert-edelson-lechtzin-llp-urges-current-holders-of-rtx-corporation-f-k-a-raytheon-technologies-corporation-nyse-rtx-to-consult-legal-counsel-about-the-potential-legal-remedies\\\/\"},\"wordCount\":474,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rtx-shareholder-alert-edelson-lechtzin-llp-urges-current-holders-of-rtx-corporation-f-k-a-raytheon-technologies-corporation-nyse-rtx-to-consult-legal-counsel-about-the-potential-legal-remedies\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODk0ODAxNyM1ODY5NDQ3IzIyNTE3NTE=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rtx-shareholder-alert-edelson-lechtzin-llp-urges-current-holders-of-rtx-corporation-f-k-a-raytheon-technologies-corporation-nyse-rtx-to-consult-legal-counsel-about-the-potential-legal-remedies\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rtx-shareholder-alert-edelson-lechtzin-llp-urges-current-holders-of-rtx-corporation-f-k-a-raytheon-technologies-corporation-nyse-rtx-to-consult-legal-counsel-about-the-potential-legal-remedies\\\/\",\"name\":\"RTX SHAREHOLDER ALERT: Edelson Lechtzin LLP Urges Current Holders of RTX Corporation f\\\/k\\\/a Raytheon Technologies Corporation (NYSE: RTX) to Consult Legal Counsel About the Potential Legal Remedies - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/rtx-shareholder-alert-edelson-lechtzin-llp-urges-current-holders-of-rtx-corporation-f-k-a-raytheon-technologies-corporation-nyse-rtx-to-consult-legal-counsel-about-the-potential-legal-remedies\/","og_locale":"en_US","og_type":"article","og_title":"RTX SHAREHOLDER ALERT: Edelson Lechtzin LLP Urges Current Holders of RTX Corporation f\/k\/a Raytheon Technologies Corporation (NYSE: RTX) to Consult Legal Counsel About the Potential Legal Remedies - Market Newsdesk","og_description":"NEWTOWN, Pa., Oct. 11, 2023 (GLOBE NEWSWIRE) &#8212; The law firm of Edelson Lechtzin LLP is investigating potential breach of fiduciary duty claims on behalf of current holders of RTX Corporation f\/k\/a Raytheon Technologies Corporation (\u201cRTX\u201d) (NYSE: RTX) common stock who acquired their shares between February 8, 2021, and July 25, 2023, inclusive. Current holders of RTX stock may pursue corporate governance reforms. Please contact Edelson Lechtzin LLP at 844-696-7492 to discuss your investment losses, or by e-mail at elechtzin@edelson-law.com. For more information, click HERE. Background on RTX Corporation (f\/k\/a Raytheon Technologies Corporation) RTX Corporation is a multinational conglomerate that specializes in aerospace and defense. Headquartered in Arlington, Virginia, it is one of the world\u2019s largest manufacturers in the industry &hellip; Continue reading \"RTX SHAREHOLDER ALERT: Edelson Lechtzin LLP Urges Current Holders of RTX Corporation f\/k\/a Raytheon Technologies Corporation (NYSE: RTX) to Consult Legal Counsel About the Potential Legal Remedies\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/rtx-shareholder-alert-edelson-lechtzin-llp-urges-current-holders-of-rtx-corporation-f-k-a-raytheon-technologies-corporation-nyse-rtx-to-consult-legal-counsel-about-the-potential-legal-remedies\/","og_site_name":"Market Newsdesk","article_published_time":"2023-10-12T02:41:24+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODk0ODAxNyM1ODY5NDQ3IzIyNTE3NTE=","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\/rtx-shareholder-alert-edelson-lechtzin-llp-urges-current-holders-of-rtx-corporation-f-k-a-raytheon-technologies-corporation-nyse-rtx-to-consult-legal-counsel-about-the-potential-legal-remedies\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rtx-shareholder-alert-edelson-lechtzin-llp-urges-current-holders-of-rtx-corporation-f-k-a-raytheon-technologies-corporation-nyse-rtx-to-consult-legal-counsel-about-the-potential-legal-remedies\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"RTX SHAREHOLDER ALERT: Edelson Lechtzin LLP Urges Current Holders of RTX Corporation f\/k\/a Raytheon Technologies Corporation (NYSE: RTX) to Consult Legal Counsel About the Potential Legal Remedies","datePublished":"2023-10-12T02:41:24+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rtx-shareholder-alert-edelson-lechtzin-llp-urges-current-holders-of-rtx-corporation-f-k-a-raytheon-technologies-corporation-nyse-rtx-to-consult-legal-counsel-about-the-potential-legal-remedies\/"},"wordCount":474,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rtx-shareholder-alert-edelson-lechtzin-llp-urges-current-holders-of-rtx-corporation-f-k-a-raytheon-technologies-corporation-nyse-rtx-to-consult-legal-counsel-about-the-potential-legal-remedies\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODk0ODAxNyM1ODY5NDQ3IzIyNTE3NTE=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rtx-shareholder-alert-edelson-lechtzin-llp-urges-current-holders-of-rtx-corporation-f-k-a-raytheon-technologies-corporation-nyse-rtx-to-consult-legal-counsel-about-the-potential-legal-remedies\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/rtx-shareholder-alert-edelson-lechtzin-llp-urges-current-holders-of-rtx-corporation-f-k-a-raytheon-technologies-corporation-nyse-rtx-to-consult-legal-counsel-about-the-potential-legal-remedies\/","name":"RTX SHAREHOLDER ALERT: Edelson Lechtzin LLP Urges Current Holders of RTX Corporation f\/k\/a Raytheon Technologies Corporation (NYSE: RTX) to Consult Legal Counsel About the Potential Legal Remedies - 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