Glancy Prongay & Murray LLP ("GPM") announces an investigation on behalf of Harsco Corporation ("Harsco" or the "Company") (NYSE: HSC) investors concerning the Company and its officers’ possible violations of federal securities laws.
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On January 23, 2020, after the market closed, Harsco announced preliminary fourth quarter 2019 financial results, expecting approximately $400 million revenue. The Company also expected adjusted operating income of approximately $31 million, below prior guidance in the range of $53 million to $58 million, citing "operational challenges following the consolidation of Rail’s North American manufacturing into a single facility in South Carolina," among other things.
On this news, the Company’s share price fell as much as $3.16, or over 16%, during intraday trading on January 24, 2020, thereby injuring investors.
If you purchased Harsco securities, have information, or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Charles H. Linehan, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, CA 90067 at 310-201-9150, Toll-Free at 888-773-9224, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number, and the number of shares purchased.
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