NEW YORK, NY / ACCESSWIRE / June 18, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of The Toro Company ("Toro" or "the Company") (NYSE:TTC). Investors who purchased Toro securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/TTC.
Investigation Details:
On May 21, 2024, Jehoshaphat Research published a report alleging, among other things, that Toro "has borrowed revenues and earnings from the future by selling excessive product into its dealer channel" and that the Company "set up a cliff" in its near-term operating cash flows worth $400 million or more. On this news, Toro's stock price fell $3.77 per share, or 4.2%, to close at $86.23 per share on May 21, 2024.
What's Next?
If you are aware of any facts relating to this investigation or purchased Toro securities, you can assist this investigation by visiting the firm's site: bgandg.com/TTC. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
There is No Cost to You
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman:
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | [email protected]
SOURCE: Bronstein, Gewirtz & Grossman, LLC