Mon Sep 09 16:07:00 UTC 2024: ## Investors in CAE Inc. May Be Eligible for Compensation in Class Action Lawsuit
**NEW YORK, Sept. 09, 2024 (GLOBE NEWSWIRE)** – The Rosen Law Firm, a prominent investor rights law firm, is representing investors who purchased stock in CAE Inc. (NYSE: CAE) between February 11, 2022, and May 21, 2024. The firm alleges that CAE made misleading statements about cost overruns in its Defense and Security segment, leading to investor losses.
The lawsuit claims that CAE concealed significant cost overruns in its pre-COVID fixed-price Defense contracts, which ultimately resulted in $720 million in charges and profit adjustments. When the truth about these cost overruns came to light, the stock price allegedly suffered.
Investors who purchased CAE stock during the specified period may be eligible for compensation without any out-of-pocket fees. The deadline for potential lead plaintiffs to move the court is September 16, 2024.
Interested investors can join the class action by visiting the Rosen Law Firm website or calling Phillip Kim, Esq. at 866-767-3653.
The Rosen Law Firm emphasizes the importance of choosing experienced and qualified legal counsel with a proven track record in securities class action litigation.
**Note:** This is an attorney advertising notice and prior results do not guarantee similar outcomes.
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