Levi & Korsinsky, LLP announces that a securities class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired RTX Corporation f/k/a Raytheon Technologies Corporation (NYSE: RTX) securities.
If you suffered a loss on your RTX investment and would like to explore a potential recovery under the federal securities laws, submit to us or contact Joseph E. Levi, Esq. via email at [email protected] or call 212-363-7500 to speak to our team of experienced shareholder advocates.
THE LAWSUIT: Feb 08 2021 - Jul 25 2023
CASE DETAILS: The filed complaint alleges that RTX Corporation f/k/a Raytheon Technologies Corporation made materially false and/or misleading statements and/or failed to disclose that: (1) the GTF engines had been affected from at least 2015-2020 by a quality control issue; (2) this quality control issue would require RTX to recall and reinspect many of its GTF airplanes, affecting customers and harming its business; and (3) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
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