Glancy Prongay & Murray LLP Continues Investigation on Behalf of PPG Industries, Inc. Investors (PPG)

Glancy Prongay & Murray LLP (“GPM”) continues its investigation on behalf of PPG Industries, Inc. (“PPG” or the “Company”) (NYSE: PPG) investors concerning the Company and its officers’ possible violations of federal securities laws. To obtain information or aid in the investigation, please visit the PPG investigation page on our website at www.glancylaw.com/case/ppg-industries-inc.

On May 10, 2018, after the market closed, PPG disclosed that it would be unable to file its quarterly report for the quarter ended March 31, 2018 on time. The Company further disclosed that, during an internal investigation into the Company’s accounting, it identified approximately $1.4 million in expenses that should have been accrued in the first quarter of 2018, and suspected there may have been $5 million in expenses that it improperly accrued in the first quarter.

On this news, PPG’s share price fell $5.68 per share, or more than 5%, to close at $100.43 per share on May 11, 2018, thereby injuring investors.

Follow us for updates on Twitter: twitter.com/GPM_LLP.

If you purchased PPG securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts:

Glancy Prongay & Murray LLP, Los Angeles/New York
Lesley Portnoy, 310-201-9150 or 888-773-9224
shareholders@glancylaw.com
www.glancylaw.com

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.