CPI Aerostructures

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Company Name	CPI Aerostructures
Stock Symbol	CVU
Class Period	May 15, 2018 to February 14, 2020
Lead Plaintiff Motion Deadline	April 24, 2020

On February 8, 2019, CPI announced that its previously issued financial statements for the three and nine months ended September 30, 2018 should no longer be relied upon due to an error related to the Company’s billing process which caused an overstatement of revenue.

On this news, CPI’s share price fell 8.5% to close at $6.34 per share on February 8, 2019, thereby injuring investors.

Then, on February 14, 2020, CPI announced that its financial statements for fiscal 2018 and 2019 should no longer be relied upon because “certain revenues and net income were recognized prematurely or inaccurately.” Additionally, the Company announced that its Chief Financial Officer had resigned.

On this news, the Company’s stock price fell $1.80, or nearly 27%, to close at $4.87 per share on February 14, 2020, thereby injuring investors further.

Submit Your Information

If you suffered a loss on your CPI Aerostructures investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.

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