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Investor Class Action Filed Against Evoqua Water Technologies Corp. for Securities Fraud Violations
Company Name: Evoqua Water Technologies Corp.
Court: United States District Court for the Southern District of New York
Case Number: 18-cv-10320
Judge: The Hon. John Peter Cronan
Class period: Between November 1, 2017 and October 30, 2018
Security Type: Common Stock

Case Background:

On November 06, 2018, the initial complaint in this securities class action was filed against Evoqua Water Technologies Corp. (“Evoqua” or the “Company”), and certain of Evoqua’s directors and officers, asserting violations of sections 10(b) and 20(a) of the Securities Exchange Act.  

The complaint alleged that throughout the class period, the defendants made materially false and misleading statements regarding the Company’s business, operational and compliance policies. Specifically, the complaint alleged that the defendants made false and/or misleading statements and/or failed to disclose that: (i) Evoqua failed to successfully integrate its prior acquisitions; (ii) Evoqua was experiencing supply chain disruptions influenced by tariffs and an extended delay on a large aquatics project; and (iii) as a result of the foregoing, Evoqua’s public statements were materially false and misleading at all relevant times.

This is a securities class action brought on behalf of those who purchased or acquired Evoqua common stock between November 1, 2017 and October 30, 2018, inclusive.

Current Status of Case:

The lead plaintiff filed a consolidated complaint on April 3, 2019. The defendants filed a motion to dismiss the consolidated complaint on June 26, 2019. On March 30, 2020, the Court granted in part and denied in part the defendants’ motion to dismiss, thereby allowing certain claims to proceed.  The parties are currently in the discovery phase of the litigation. The parties are currently in the discovery phase of the litigation.  This action is still ongoing.

If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.

CONTACT:
Kessler Topaz Meltzer & Check, LLP
James Maro, Esq. or Adrienne Bell, Esq.
280 King of Prussia Road
Radnor, PA 19087 1-844-887-9500 (toll free) or 1-610-667-7706
Or by e-mail at info@ktmc.com

Please complete this form relating to your transactions for Evoqua Water Technologies Corp. (NYSE: AQUA) securities on the open market between November 1, 2017 and October 30, 2018, both dates inclusive (the “Class Period”).

You may also contact James Maro, Jr., Esq. or Adrienne Bell, Esq. at 610.667.7706 or toll free at 844.887.9500, or you may submit your information via email at info@ktmc.com, or you may click here to print a PDF of this form.

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# of Shares
Price per Share
 
 
 
Principal Amount
Amount Paid
Series or CUSIP
 
 
 
# of Contracts
Price per Contract
Exercise Price
Expiration Date
Did you purchase shares of Evoqua Water Technologies Corp. (2019) prior to the Class Period?
Are you a current or former employee of Evoqua Water Technologies Corp. (2019)?
The submission of this form does not create an attorney-client relationship, nor an obligation on the part of Kessler Topaz or you to file a lead plaintiff motion in this matter. Any information you submit will be maintained as confidential. If Kessler Topaz, in its sole discretion, believes that you might be an appropriate lead plaintiff candidate, Kessler Topaz will contact you to discuss the matter and whether to establish an attorney client relationship. By signing this form you are authorizing us to contact you regarding this case and/or future cases.
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