CAE Inc. Class Action Lawsuit - CAE

The filed complaint alleges that CAE Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) several of CAE’s pre-COVID fixed-price defense contracts had incurred severe cost overruns due to supply chain and labor issues – as the segment was significantly impacted by the pandemic – which dented the segment’s profit and operating margin; and (ii) CAE failed to successfully reduce hard costs and achieve a sufficient level of operational efficiency, particularly with respect to such contracts, necessitating a re-baselining of the defense business and significant associated charges.

In order to be eligible to join the CAE class action lawsuit, you must have incurred a loss on shares of CAE purchased during the class period listed above.

If you suffered a loss in CAE during the relevant time frame or pursuant to the relevant offering(s), you have until September 16, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.