ATI sued for stock price inflation

Published by

ATI was sued two weeks ago because of false and misleading statements. The complaint charges ATI and certain of its officers and directors with violations of the Securities Exchange Act of 1934. As a result of this ATI's stock traded at inflated levels, allowing ATI's top officers and directors to sell or otherwise dispose of more than $54 million worth of their own shares at artificially inflated prices.. More details at DV Hardware.