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Investor Class Action Filed Against Honeywell International Inc. for Securities Fraud Violations
Company Name: Honeywell International Inc.
Court: United States District Court for the District of New Jersey
Case Number: 18-cv-15536
Judge: The Hon. William J. Martini
Class period: Between February 9, 2018 through October 19, 2018
Security Type: Securities

Case Background:

On October 31, 2018, the initial complaint in this securities class action was filed against Honeywell International Inc. (“Honeywell” or the “Company”), and certain of Honeywell’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 Honeywell’s business, operational and compliance policies. Specifically, the defendants made false and/or misleading statements and/or failed to disclose that: (i) Honeywell’s Bendix asbestos-related liability was greater than initially reported; (ii) the Company maintained improper accounting practices in connection with its Bendix asbestos-related liability; and (iii) as a result, Honeywell’s public statements were materially false and misleading at all relevant times.

This is a federal securities class action on behalf of those who purchased or otherwise acquired Honeywell securities from February 9, 2018 through October 19, 2018, inclusive.

Current Status of Case:

The lead plaintiff filed a third amended complaint on December 30, 2019. The defendants filed a motion to dismiss the third amended complaint on February 7, 2020. On May 18, 2020, the Court issued an Order denying the defendants' motion to dismiss, thereby allowing the action to proceed. 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 Honeywell International Inc. (NYSE: HON) securities between February 9, 2018 through October 19, 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
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# of Contracts
Price per Contract
Exercise Price
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Did you purchase shares of Honeywell International Inc. prior to the Class Period?
Are you a current or former employee of Honeywell International Inc.?
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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