NEW YORK, May 28, 2023 (GLOBE NEWSWIRE) — Pomerantz LLP is investigating claims on behalf of investors in Arrow Financial Corporation (“Arrow” or the “Company”) A ROW. Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, extension 7980.
The investigation addresses whether Arrow and certain of its officers and/or directors have engaged in securities fraud or other illegal business practices.
[Click here for information about joining the class action]
On May 15, 2023, Arrow announced it had received a notice of non-compliance with Nasdaq’s periodic filing requirements. Arrow has applied for timely filing of its annual report for the year ended December 31, 2022 and its quarterly report for the first quarter of 2023. As a result of this news, Arrow’s share price fell sharply during intraday trading on May 15, 2023.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris and Tel Aviv, is recognized as one of the leading law firms specializing in corporate, securities and antitrust litigation. Pomerantz was founded by the late Abraham L. Pomerantz, Dean of the Class Bar Association, and pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues the tradition he founded and fights for the rights of victims of securities fraud, fiduciary breaches and corporate wrongdoing. The company has filed numerous multimillion-dollar claims on behalf of class members. See www.pomlaw.com.
CONTACT:
Robert S Willoughby
Pomerantz LLP
888-476-6529 ext. 7980
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