LOS ANGELES, CA / ACCESSWIRE / August 27, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of United Parcel Service, Inc. ("UPS" or "the Company") (NYSE:UPS) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. UPS announced its earnings for the second quarter of 2024 on July 23, 2024. The Company suffered from a drop in operating profits of 30% year-over-year, while also lowering its guidance for the remainder of the year. UPS blamed "the current volume momentum we are now experiencing in our business" for its shortfall.
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The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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CONTACT:
The Schall Law Firm
Brian Schall, Esq.
www.schallfirm.com
Office: 310-301-3335
[email protected]
SOURCE: The Schall Law Firm