Pomerantz LLP

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A. O. Smith Corporation

We are investigating A. O. Smith Corporation (AOS) (“AOS” or the “Company”) for potential violations of the federal securities laws. 

On May 16, 2019, J Capital published a report addressing AOS, asserting that AOS “has handed its China business over to a Chinese company without disclosing this to investors.”  J Capital further alleged that AOS “[f]ailed to disclose the sharp decline under way in China, where sales will fall 16-21% this year”, “[o]ver-reported sales and under-reported inventory since at least 2015”, and “has major governance problems both inside and outside China.”  Following publication of the J Capital report, AOS’s stock price fell sharply during intraday trading on May 16, 2019.