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LOS ANGELES, Feb. 14, 2019 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Molson Coors Brewing Company (“Molson Coors” or “the Company”) (NYSE: TAP) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Molson Coors disclosed on February 12, 2019, that it would restate its financial statements for FY2016 and FY2017 based on errors discovered in its financial reporting by the audit committee. Based on this news, Molson Coors traded down more than 7% in intraday trading the same day.
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The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
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