SHAREHOLDER ALERT: Class Action Lawsuit Filed on Behalf of Methode Electronics, Inc. (MEI) Investors – Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm
MEIMethode Electronics(MEI) GlobeNewswire News Room·2024-08-27 23:04

ATLANTA, Aug. 27, 2024 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against Methode Electronics, Inc. (“Methode” or “the Company”) (NYSE: MEI). The lawsuit alleges that Defendants made false and/or misleading statements and/or failed to disclose that: (a) the Company had lost highly skilled and experienced employees during the COVID-19 pandemic necessary to successfully complete the Company’s transition from its historic low mix, high volume production model to a high mix, low produ ...