ATLANTA, GA / ACCESSWIRE / December 16, 2022 / Holzer & Holzer, LLC is investigating whether Alico, Inc. (“Alico” or the “Company”) (NASDAQ:ALCO) complied with federal securities laws. On December 13, 2022, Alico disclosed that the Company’s Audit Committee concluded that certain of the Company’s previously issued financial statements can no longer be relied upon due to an error relating to deferred tax liabilities identified during the completion of the Company’s Annual Report on Form 10-K. As a result, the Company restated certain audited and unaudited consolidated balance sheets and consolidated statements of changes in equity and related disclosures that were filed between the quarters ended on December 31, 2020, and June 30, 2022. Following this disclosure, the Company’s stock price dropped.
If you purchased Alico stock and suffered a loss on that investment, you are encouraged to contact Corey Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or visit our website https://holzerlaw.com/case/alico/ to discuss your legal rights.
Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct.More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.
CONTACT:
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
cholzer@holzerlaw.com
SOURCE: Holzer & Holzer
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