Sutts, Strosberg LLP

December 20, 2013 16:21 ET

Sutts, Strosberg LLP Announces a Proposed Securities Class Action Against Martinrea International Inc.

WINDSOR, ONTARIO--(Marketwired - Dec. 20, 2013) - A proposed class action has been commenced in the Ontario Superior Court of Justice against Martinrea International Inc. and some of its officers and directors. The plaintiff has retained Sutts, Strosberg LLP, a law firm that represents investors in securities class actions, to prosecute the action.

The proposed class action concerns the circumstances surrounding Martinrea International Inc.'s December 18, 2013 announcement that the company had overstated its net income from 2005 to 2012. Since the announcement, the company's share price has declined significantly.

Shareholders who wish to discuss the matter should contact Jay Strosberg, lead counsel for the proposed class, at 519.561.6296 or by email at jay@strosbergco.com.

Sutts, Strosberg LLP is one of Canada's leading class action law firms and has recovered more than $1.5 billion for its clients.

Contact Information

  • Sutts, Strosberg LLP
    Jay Strosberg
    519.561.6296
    jay@strosbergco.com
    600-251 Goyeau Street
    Windsor, ON N9A 6V4