SHAREHOLDER ALERT: The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary Duty b...
10 Novembro 2014 - 5:42PM
Business Wire
Levi & Korsinsky, LLP is investigating Rayonier, Inc.
(“Rayonier” or the “Company”) (NYSE:RYN) in connection with
possible breaches of fiduciary duty by the Board of Directors of
the Company.
To get more information, click here:
http://zlk.9nl.com/rayonier-ryn. There is no cost or
obligation to you.
On November 3, 2014, the Company announced in an SEC filing that
it had understated its depletion expense in cost of goods sold by
approximately $2 million for the periods ended March 31, 2014 and
June 30, 2014. As a result of this understatement, the Company
further acknowledged a corresponding overstatement in those periods
of income for continuing operations of $1.9 million and $2 million
respectively. The Company cited a “material weakness in Rayonier’s
internal controls related to merchantable timber inventory” as the
overstatements’ cause.
If you own common stock in Rayonier and wish to obtain
additional information about the investigation, please contact
Eduard Korsinsky, Esq. either via email at ek@zlk.com or by
telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit
http://zlk.9nl.com/rayonier-ryn.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm’s
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
Levi & Korsinsky, LLPEduard Korsinsky, Esq.Tel: (212)
363-7500Toll Free: (877) 363-5972Fax: (866) 367-6510www.zlk.com
Rayonier (NYSE:RYN)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Rayonier (NYSE:RYN)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024