Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

BOOZ ALLEN HAMILTON HOLDING CORPORATION

(BAH)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Booz Allen Hamilton Holding Corporation : Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Booz Allen Hamilton Holding Corporation of Class Action Lawsuit and Upcoming Deadline - BAH

07/11/2017 | 07:06pm EDT

NEW YORK, NY / ACCESSWIRE / July 11, 2017 / Pomerantz LLP announces that a class action lawsuit has been filed against Booz Allen Hamilton Holding Corporation ("Booz Allen" or the "Company") (NYSE: BAH and certain of its officers. The class action, filed in United States District Court, Eastern District of Virginia, is on behalf of a class consisting of investors who purchased or otherwise acquired Booz Allen's securities, seeking to recover compensable damages caused by defendants' violations of the Securities Exchange Act of 1934.

If you are a shareholder who purchased Booz Allen securities between May 19, 2016 and June 15, 2017, both dates inclusive, you have until August 18, 2017 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll free, ext. 9980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and number of shares purchased.

[Click here to join this class action]

Booz Allen is an American management consulting firm. The Company purports to provide management and technology consulting, engineering, analytics, digital, mission operations, and cyber solutions to governments, corporations, and not-for-profit organizations in the United States and internationally. At all relevant times, Booz Allen has derived substantially all of its revenues from services provided to the U.S. government.

The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operational and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Booz Allen engaged in improper accounting practices in its contracts with the U.S. government; (ii) consequently, the Company's revenues derived from services provided to the U.S. government were inflated and unsustainable; (iii) discovery of the foregoing conduct would subject the Company to heightened regulatory scrutiny, potential criminal sanctions, and jeopardize its business relationship with the U.S. government; and (iv) as a result of the foregoing, Booz Allen's public statements were materially false and misleading at all relevant times.

On June 15, 2017, post-market, Booz Allen disclosed that on June 7, 2017, the Company's 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 [its] cost accounting and indirect cost charging practices with the U.S. government."

On this news, Booz Allen's share price fell $7.43, or 18.89%, to close at $31.90 on June 16, 2017.

The Pomerantz Firm, with offices in New York, Chicago, Florida, and Los Angeles, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com

SOURCE: Pomerantz LLP


© Accesswire 2017
All news about BOOZ ALLEN HAMILTON HOLDING CORPORATION
05/04BOOZ ALLEN HAMILTON  : to Acquire Liberty IT Solutions for $725 Million
MT
05/04BOOZ ALLEN HAMILTON HOLDING CORP  : Entry into a Material Definitive Agreement, ..
AQ
05/04BOOZ ALLEN HAMILTON  : Enters into Agreement to Acquire Liberty IT Solutions, LL..
BU
05/04BOOZ ALLEN HAMILTON  : Intelligence Community Digital Transformation
PU
04/28BOOZ ALLEN HAMILTON  : Digital Simulation and Training
PU
04/28EXPLAINABLE ARTIFICIAL INTELLIGENCE : What's Next
PU
04/28BOOZ ALLEN HAMILTON  : How Data-Driven Cybersecurity Can Enable Your Business
PU
04/24BOOZ ALLEN HAMILTON  : A Holistic Solution for OT Threat Detection and Response
PU
04/21BOOZ ALLEN HAMILTON  : To support u.s. army's rainmaker solution
AQ
04/20BOOZ ALLEN HAMILTON  : to Support U.S. Army's Rainmaker Solution
BU
More news
Financials (USD)
Sales 2021 7 874 M - -
Net income 2021 523 M - -
Net Debt 2021 1 328 M - -
P/E ratio 2021 22,3x
Yield 2021 1,55%
Capitalization 11 576 M 11 576 M -
EV / Sales 2021 1,64x
EV / Sales 2022 1,54x
Nbr of Employees 27 600
Free-Float 83,6%
Chart BOOZ ALLEN HAMILTON HOLDING CORPORATION
Duration : Period :
Booz Allen Hamilton Holding Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BOOZ ALLEN HAMILTON HOLDING CORPORATION
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 90,09 $
Last Close Price 84,06 $
Spread / Highest target 30,9%
Spread / Average Target 7,17%
Spread / Lowest Target -7,21%
EPS Revisions
Managers and Directors
NameTitle
Horacio D. Rozanski President, Chief Executive Officer & Director
Lloyd W. Howell Chief Financial Officer, Treasurer & Executive VP
Ralph W. Shrader Chairman
Joseph W. Mahaffee Chief Administrative Officer & Executive VP
Charles O. Rossotti Independent Director
Sector and Competitors