November 16, 2015 (Shareholders Foundation) - An investigation on behalf of investors of Alliance One International, Inc. (NYSE:AOI) shares over potential securities laws violations by Alliance One International 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 Alliance One International, Inc. (NYSE:AOI) concerning whether a series of statements by Alliance One International regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Alliance One International, Inc. reported that its Total Revenue declind from over $2.35 billion for the 12 months period that ended on March 31, 2014 to over $2.06 billion for the 12 months period that ended on March 31, 2015 and that its Net Loss for those respective time periods decreased from $86.66 million to $15.43 million.

On November 7, 2015, Alliance One International, Inc announced that it would not file its report on Form 10-Q for the quarter ended September 30, 2015 within the required time period.

Alliance One International, Inc said that the delay is related to discrepancies in accounts receivable and inventory at its Kenyan subsidiary, Alliance One Tobacco (Kenya) Limited, discovered in the course of downsizing and terminating certain operations as part of AOI's previously announced restructuring and cost-saving initiative.