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SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Involving Possible Securities Fraud Violations by Officers of Siemens Energy AG(SMNEY)

Grand News Network | November 6, 2023

NEW YORK, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Levi & Korsinsky notifies investors that it has commenced an investigation of Siemens Energy AG ("Siemens") (OTC Other: SMNEY) concerning possible violations of federal securities laws.

On June 23, 2023, Siemens announced it was withdrawing its profit guidance for fiscal year 2023 due to a "substantial increase in failure rates of wind turbine components" at newly acquired Siemens Gamesa (SGRE). After an "extended technical review", the Company expects additional costs to be in excess of ...

Full story available on Benzinga.com


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