February 8, 2016 (Shareholders Foundation) - An investigation on behalf of investors of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) shares over potential securities laws violations by Aerojet Rocketdyne Holdings and certain of its directors and officers in connection certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) concerning whether a series of statements by Aerojet Rocketdyne Holdings regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Aerojet Rocketdyne Holdings, Inc. reported that its Total Revenue rose from over $1.38 billion for the 12 months period that ended on November 30, 2013 to over $1.59 billion for the 12 months period that ended on November 30, 2014 while its Net Income of $167.70 million for the 12 months period that ended on November 30, 2013 declined to a Net Loss of $53.00 million for the 12 months period that ended on November 30, 2014.

On February 1, 2016, Aerojet Rocketdyne Holdings, Inc disclosed that on January 28, 2016, the Audit Committee of the Board of Directors and management of Aerojet Rocketdyne Holdings, Inc., after discussions with the Companys independent public registered accounting firm, PricewaterhouseCoopers LLP (PwC), concluded that the consolidated financial statements as of and for the fiscal years ended November 30, 2013 and 2014, and the consolidated financial statements as of and for the quarter ended August 31, 2013, and the consolidated financial statements as of and for the quarters ended February 28, May 31 and August 31, 2014 and 2015, need to be restated.

Shares of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) closed on February 8, 2016, at $15.03 per share.