NEW YORK, NY / ACCESSWIRE / June 9, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Jabil Inc. ("Jabil" or the "Company") (NYSE:JBL). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether Jabil and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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On April 18, 2024, Jabil disclosed in filing with the U.S. Securities and Exchange Commission that "[o]n April 15, 2024, Mr. Kenneth S. Wilson, Chief Executive Officer and Director of [Jabil] was placed on a paid leave pending completion of an investigation related to corporate policies." Additionally, the Company represented that "[t]he conduct that prompted this review does not relate to, and does not impact, the Company's financial statements or financial reporting."
On this news, Jabil's stock price fell $10.84 per share, or 8.36%, to close at $118.75 per share on April 19, 2024.
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SOURCE: Pomerantz LLP