Techtronic Industries Company Limited (OTC: TTNDY)

This investigation is for anyone who acquired securities in Techtronic Industries Company Limited (OTC: TTNDY) prior to February 22, 2023.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by cooking its books to inflate profits.

On February 22, 2023, Jehoshaphat Research published a report alleging, among other things, that Techtronic has been “inflating its profits dramatically for over a decade with manipulative accounting,” namely by “stuffing billions of dollars’ worth of routine expenses into various asset accounts, year after year.” The report also expressed doubts that the Company would be able to meet “consensus expectations for profit to continue its upwards trajectory in 2023.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Techtronic Industries Company Limited (OTC: TTNDY) prior to February 22, 2023 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.