Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, Aug. 05, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Albany International Corp. (“Albany” or “the Company”) (NYSE: AIN) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Albany investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: info@portnoylaw.com, to discuss their legal rights, or click here to join the case. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
On July 30, 2025, Albany issued a press release announcing its financial results for the second quarter of 2025. Among other disclosures, the Company reported non-GAAP earnings per share of $0.57, missing consensus estimates by $0.16. Albany’s President and Chief Executive Officer acknowledged that the financial results “lagged our expectations,” attributing the shortfall to “certain timing and operational issues.”
Following this announcement, Albany’s stock price declined $16.77 per share, or approximately 23.63%, closing at $54.19 per share on July 31, 2025.
Please visit our website to review more information and submit your transaction information.
The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bars
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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