Textron Inc. Loss Form

Company: Textron Inc.

Ticker: (NYSE) TXT

Deadline

Passed

Lead Plaintiff Deadline: October 21, 2019

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Allegations

(1) end market sales of Arctic Cat products were slowing, resulting in a massive glut of old Arctic Cat inventory on dealers’ floors; (2) in order to clear out this old inventory, the Company provided significant price discounts, which negatively impacted Textron’s earnings; and (3) as a result, Textron’s positive statements about Arctic Cat’s business, operations, and prospects lacked a reasonable basis.