Saxena White Appointed Co-Lead Counsel in RTX Corporation Securities Class Action

Saxena White P.A. is pleased to announce that on May 2, 2024, the United States District Court for the District of Connecticut appointed the New England Teamsters Pension Fund, Westchester Putnam Counties Heavy & Highway Laborers Local 60 Benefits Fund, and United Union of Roofers, Waterproofers & Allied Workers Local Union No. 8 WBPA Fund as Lead Plaintiffs and Saxena White P.A. as Co-Lead Counsel in the securities class action against RTX Corporation, formerly known as Raytheon Technologies Corporation.

The violations alleged in the class complaint arose from the discovery that several airplane engines were produced with metal containing microscopic contaminants. The action alleges that Defendants’ statements about its business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.