Northrop Grumman Corporation
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to info@portnoylaw.com.
There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.
We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at info@portnoylaw.com.
If you choose to take no action, you can remain an absent class member.
Joining the case through the Portnoy Law website enables investors to learn about their legal claims and take an active role in recovering their losses.
The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
CONTACT:
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
www.portnoylaw.com
Office: 310.692.8883
1800 Century Park East, Suite 600
Los Angeles, CA 90067
info@portnoylaw.com
Northrop disclosed its financial results for Q4 and full-year 2022 on January 26, 2023, where the company revealed that it had received a criminal subpoena from the U.S. Department of Justice on December 9, 2022. The subpoena requested information related to Northrop’s financial and cost accounting and controls, which seemed to be focused on the interest rate used by the company for determining its cost accounting standards pension expense. As a result, Northrop’s stock price declined by 4.3%, or $19.82, closing at $443.47 per share on January 26, 2023, which resulted in losses for investors.
