Flying The Web For News.
  • Career Exam Study
    Career Exam Study
  • E-commerce Guide
    E-commerce Guide
  • Dropshipping Guide
    Dropshipping Guide
  • Microsoft Exam
    Microsoft Exam
  • IT Career News
    IT Career News
+ Larger Font | - Smaller Font
Share

COVID-19 Map Tracker | COVID-19 News Features


Globe NewsWire News Distribution Service


NEW YORK, Nov. 21, 2020 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Tenneco Inc. (“Tenneco” or the “Company”) (NYSE: TEN).   Such investors are advised to contact Robert S. Willoughby at This email address is being protected from spambots. You need JavaScript enabled to view it. or 888-476-6529, ext. 7980.

The investigation concerns whether Tenneco and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On November 2, 2020, Tenneco issued a press release announcing its financial and operating results for the third quarter of 2020.  Among other results, Tenneco reported a net loss of $499 million, or $6.12 per diluted share, which included a non-tax valuation allowance charge of $523 million. 

On this news, Tenneco’s stock price fell $1.24 per share, or 14.39%, to close at $7.38 per share on November 2, 2020.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

CONTACT:
Robert S. Willoughby
Pomerantz LLP
This email address is being protected from spambots. You need JavaScript enabled to view it.
888-476-6529 ext. 7980



Posted: 2020-11-22 01:48:00

Get Full News Story On GlobeNewsWire Press Release Service


Listen to this article. Speaker link opens in a new window.
Text To Speech BETA Test Version.



Related News Stories From The Web And More

Related Bing News Search Results

Press Release: SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Tenneco Inc. - TEN - Newscast






Related News Story Videos From Youtube