ATLANTA, GA / ACCESSWIRE / December 16, 2022 / Holzer & Holzer, LLC is investigating whether Alico, Inc. (“Alico” or the “Company”) (NASDAQ:ALCO) has complied with federal securities laws. On December 13, 2022, Alico announced that the Company’s Audit Committee had concluded that certain of the Company’s previously released financial statements were not applicable due to an error related to deferred tax liabilities identified in the Company’s Form 10 Annual Report more can be trusted -K. As a result, the Company restated certain audited and unaudited consolidated financial statements and consolidated statements of changes in equity and related disclosures filed between the quarters ended December 31, 2020 and June 30, 2022. Following this disclosure, the company’s share price dropped.

If you have purchased Alico stock and suffered a loss on that investment, please contact Corey Holzer, Esq. at[email protected] or Joshua Karr, Esq. at[email protected]call our toll-free number at (888) 508-6832 or visit our website https://holzerlaw.com/case/alico/to discuss your legal rights.

Holzer & Holzer, LLC, a 2021 ISS Top-Rated Securities Litigation Law Firm, dedicates its practice to vigorously representing shareholders and investors in litigation across the country, including shareholder class actions and derivatives disputes. Since its inception in 2000, Holzer & Holzer’s attorneys have played a critical role in recovering hundreds of millions of dollars for shareholders who have been victims of fraud and other corporate wrongdoing. For more information about the law firm, visit their website atwww.holzerlaw.com, and on request from the company. Holzer & Holzer, LLC has paid for the distribution of this promotional communication and Corey Holzer is the attorney responsible for its content.

CONTACT:

Corey Holzer, Esq.
(888) 508-6832 (toll free)
[email protected]

SOURCE: Holzer & Holzer

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