Market Overview

EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Hill International, Inc. - HILI

Share:

Rosen Law Firm, a global investor rights law firm, announces it is
investigating potential securities claims on behalf of shareholders of
Hill International, Inc. (OTC:HILI) resulting from allegations that
Hill International may have issued materially misleading business
information to the investing public.

On August 10, 2017, Hill International announced that it was delaying
the filing of its second quarter 2017 financial results. On this news,
shares of Hill International fell $0.30 per share or over 6% over the
next two trading days to close at $4.30 per share on August 11, 2017.
Then, on September 21, 2017, Hill International announced that it needed
to restate previously issued financial statements for the years ended
December 31, 2014, 2015, and 2016 as well as quarters ended March 31,
June 30, and September 30 in 2015 and 2016. On this news, shares of Hill
International fell $0.15 per share or over 7% over the next two trading
days to close at $4.80 per share on September 22, 2017. Since then, Hill
International has failed to timely file its annual and quarterly reports
with the SEC.

On August 13, 2018, after the market closed, Hill International
announced that it would not be able to file its delinquent annual report
for the year ended December 31, 2017, and quarterly reports for the
first and second quarters of 2018 by the extended deadline granted by
the NYSE. As a result of not being able to file these reports by the
extended deadline, Hill International disclosed that the NYSE announced
it suspended the trading of Hill International common stock and
commenced proceedings to delist Hill International's stock from the
NYSE. On this news, shares of Hill International began trading on the
OTC Markets and fell during intraday trading on August 14, 2018.

Rosen Law Firm is preparing a class action lawsuit to recover losses
suffered by Hill International investors. If you purchased shares of
Hill International please visit the firm's website at http://www.rosenlegal.com/cases-984.html
for more information. You may also contact Phillip Kim or Zachary Halper
of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com
or zhalper@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm
or on Twitter: https://twitter.com/rosen_firm.

Rosen Law Firm represents investors throughout the globe, concentrating
its practice in securities class actions and shareholder derivative
litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class
Action Services for number of securities class action settlements in
2017. The firm has been ranked in the top 3 each year since 2013.

Attorney Advertising. Prior results do not guarantee a similar outcome.

View Comments and Join the Discussion!