NYSE: HII

Huntington Ingalls Industries, Inc.

Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Huntington Ingalls Industries, Inc. (NYSE: HII) resulting from allegations that Huntington Ingalls may have issued materially misleading business information to the investing public.

If you purchased Huntington Ingalls securities and would like to join the prospective action, please click “Join This Class Action.”

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Details of investigation:

On October 31, 2024, Huntington Ingalls released its third quarter 2024 financial results. In this announcement, Huntington Ingalls’ CEO stated in part that “our assumptions of performance improvement and risk reduction have not been achieved, due to late critical material deliveries from the supply chain and reduced experiences levels within our teams, both in production touch labor and supervision. This leads to labor inefficiency, and in some cases to rework, which can affect program schedules.”

On this news, Huntington Ingalls’ stock price fell $65.53, or 26%, to close at $184.96 per share on October 31, 2024, thereby injuring investors.

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Company Name: Huntington Ingalls Industries, Inc.
Stock Symbol: HII
Class Period: N/A
Court: N/A
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The Rosen Law Firm has been ranked among the top 4 law firms each year since 2013 for the number of successful securities class actions on behalf of investors. In 2019 alone, our firm recovered $438 million for investors.

Investors should carefully identify and select experienced counsel with a track record of success leading securities class actions. Often other firms issue press releases about class actions yet do not have comparable experience or resources.

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