A.O. Smith Corp.

A securities class action has been filed against A.O. Smith Corp. The lawsuit alleges that the company used manipulative practices to show higher sales and earnings in its China operations. The company's stock price fell over $3 per share when the truth became known.

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July 29, 2019

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Bleier v. A.O. Smith Corp., No. 2:19-cv-00786-NJ (E.D. Wisc.)