NEW YORK, April 29, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of FTI Consulting, Inc. (“FTI” or the “Company”) (NYSE: FCN). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether FTI and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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On April 24, 2025, FTI issued a press release reporting its financial results for the first quarter of 2025. Among other items, FTI reported revenue of $898.3 million, representing a year-over-year decline of 3.3% and missing consensus estimates by $8.38 million. FTI also reported net income of $61.8 million, compared to $80 million for the same period in the prior year. The Company attributed the decrease “primarily . . . to lower revenues and a $25.3 million special charge related to severance and other employee-related costs[.]”
On this news, FTI’s stock price fell $6.60 per share, or 3.92%, to close at $161.91 per share on April 24, 2025.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, 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, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz 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.pomlaw.com.
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CONTACT:
Danielle Peyton
Pomerantz LLP
dpeyton@pomlaw.com
646-581-9980 ext. 7980
