GlobeNewswire Inc | Dec 18, 2020 11:15AM EST

December 18, 2020

NEW YORK, Dec. 18, 2020 (GLOBE NEWSWIRE) -- Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Raytheon Technologies Corporation f/k/a Raytheon Company (NYSE: RTX, RTN) between February 10, 2016 and October 27, 2020, inclusive (the Class Period). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 29, 2020.

To join the class action, go to http://zhanginvestorlaw.com/join-action-form/?slug=raytheon-technologies-corporation&id=2507 or call Sophie Zhang, Esq. toll-free at 800-991-3756 or emailinfo@zhanginvestorlaw.comfor information on the class action.

http://zhanginvestorlaw.com/join-action-form/?slug=raytheon-technologies-corporation&id=2507

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: Raytheon had inadequate disclosure controls and procedures and internal control over financial reporting; Raytheon had faulty financial accounting; as a result, Raytheon misreported its costs regarding Raytheons Missiles & Defense business since 2009; as a result of the foregoing, Raytheon was at risk of increased scrutiny from the government; as a result of the foregoing, Raytheon would face a criminal investigation by the U.S. Department of Justice; and as a result, Defendants public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

Lead plaintiff status is not required to seek compensation. You may retain counsel of your choice. You may remain an absent class member and take no action at this time.

Zhang Investor Law represents investors worldwide. Attorney Advertising. Prior results do not guarantee similar outcomes.

Zhang Investor Law P.C.99 Wall Street, Suite 232New York, New York 10005info@zhanginvestorlaw.comtel: (800) 991-3756