May 15, 2019

Thornton Law Firm Appointed Co-Lead Counsel in Securities Class Action Alleging Misconduct Against Adient plc

By Garrett J. Bradley, Esq. and Guillaume Buell, Esq.

Published on May 15, 2019

Thornton Law Firm has been appointed co-Lead Counsel in a federal securities class action pending against the seat manufacturing company Adient plc, its former CEO, and its CFO. The case is In re Adient plc Securities Litigation., No. 18-cv-9116. The lawsuit is pending in the United States District Court for the Southern District of New York. Thornton Law Firm will aggressively seek to recover investment losses suffered by Adient investors as a result of the Adient defendants’ material misstatements and omissions concerning the Company’s operations and finances. The investigation and lawsuit focuses on misstatements and omissions during the October 2016 to June 2018 time period.

The Thornton Law Firm team litigating this class action is led by attorney Guillaume Buell, who co-chairs the Firm’s securities litigation practice and has an established track record of obtaining favorable results in securities class action. In remarks after the Court’s appointment of Bristol County as Lead Plaintiff and Thornton Law Firm as co-Lead Counsel, Mr. Buell stated: “We look forward to working tirelessly on behalf of the putative class of Adient shareholders the Complaint seeks relief for. Our team is ready to roll up our sleeves and get to work for Adient’s shareholders.” The sentiment was echoed by Thornton Managing Partner Garrett Bradley: “Our Firm is dedicated to investing the resources necessary to investigate this alleged misconduct.”

Thornton Law Firm, based in Boston, Massachusetts and with its second office in Beverly Hills, California, is the preeminent plaintiffs’ law firm in New England. For over four decades, it has tirelessly fought on behalf of injured consumers and shareholders. Its securities litigation team has a proven track record of success in securities litigation. Anyone with questions regarding this litigation, or any other securities or consumer litigation matter, is encouraged to contact the Firm’s class action practice at (617) 720-1333 or shareholder@tenlaw.com. The Firm is presently prosecuting a range of lawsuits arising under the federal securities laws in state and federal courts across the country. For more, visit us at www.tenlaw.com/securities-litigation.

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