Saxena White P.A. is pleased to announce that on September 16, 2019, the United States District Court for the Eastern District of Wisconsin appointed the City of Birmingham Retirement and Relief System as Lead Plaintiff and Saxena White as Lead Counsel in the securities fraud class action against A.O. Smith Corporation. The action alleges that during the Class Period the Defendants failed to disclose that the Company had used a distribution partner, Jiangsu UTP Supply Chain, to artificially inflate the Company’s sales and gross margins in the important Chinese market.