NEW YORK, Nov. 10, 2017 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Booz Allen Hamilton Holding Corporation ("Booz Allen" or the "Company") (NYSE: BAH), concerning whether the board has breached its fiduciary duties to shareholders.
On June 15, 2017, the Company disclosed that its wholly owned subsidiary Booz Allen Hamilton Inc. "was informed that the U.S. Department of Justice is conducting a civil and criminal investigation relating to certain elements of the Company's cost accounting and indirect cost charging practices with the U.S. government."
A securities class action has been filed against the Company in the U.S. District Court for the Eastern District of Virginia, C.A. 1:17-cv-696, and on October 20, 2017, the plaintiffs in that action filed an amended complaint alleging a wide array of wrongdoing at the Company.
Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.
If you own Booz Allen shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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SOURCE Harwood Feffer LLP