Armstrong World Industries Reports Record Second-Quarter 2025 Sales and Earnings
'With strong performance across our enterprise, we delivered robust top and bottom-line growth with margin expansion in both our Mineral Fiber and Architectural Specialties segments,' said AWI President and CEO, Vic Grizzle. 'These record-setting results continue to demonstrate the resilience of our business model and strong execution on our growth initiatives including our acquisitions, innovation and digital tools. While macro-economic uncertainty persists, we are confident in our ability to navigate these challenges and continue generating profitable growth through strong commercial and operational execution.'
*
The Company uses non-GAAP adjusted measures in managing the business and believes the adjustments provide meaningful comparisons of operating performance between periods and are useful alternative measures of performance. Reconciliations of the most comparable generally accepted accounting principles in the United States ("GAAP") measure are found in the tables at the end of this press release. Excluding per share data, non-GAAP figures are rounded to the nearest million and corresponding percentages are based on unrounded figures.
Expand
Consolidated net sales for the second quarter of 2025 increased 16.3% over the prior-year period due to higher volumes of $46 million and favorable Average Unit Value (dollars per unit sold, or "AUV") of $14 million. Architectural Specialties net sales increased $43 million and Mineral Fiber net sales increased $17 million from the prior-year period. Architectural Specialties segment net sales improved primarily due to a $28 million contribution from the 2024 acquisitions of 3form, LLC ("3form") and A. Zahner Company ("Zahner") and increased organic net sales driven by strengthening broad-based penetration throughout our specialty product categories. The increase in Mineral Fiber net sales was primarily driven by favorable AUV and modestly improved sales volumes.
Consolidated operating income increased 29.7% in the second quarter of 2025 primarily due to a $25 million benefit from sales volume growth, an $8 million margin benefit from favorable AUV and a $6 million increase in equity earnings from the Worthington Armstrong Joint Venture ("WAVE"). These benefits were partially offset by a $6 million increase in manufacturing costs and a $4 million increase in selling, general and administrative ('SG&A') expenses. Increased sales volumes and higher operating costs were driven primarily by the acquisitions of 3form and Zahner, which contributed $28 million to the increase in net sales and $5 million to the increase in operating income in the second quarter of 2025 compared to the prior-year period.
Mineral Fiber net sales increased 6.7% in the second quarter of 2025 compared to the prior-year quarter due to $14 million of favorable AUV and $3 million of higher sales volumes, both of which were primarily driven by strong commercial execution and benefits from growth initiatives. The improvement in AUV was driven by both favorable like-for-like price and favorable mix.
Mineral Fiber operating income increased 20.4% year-over-year primarily due to an $8 million benefit from favorable AUV, a $6 million increase in WAVE equity earnings and a $4 million decrease in SG&A expenses.
Architectural Specialties net sales increased $43 million in the second quarter of 2025, driven primarily by a $28 million increase from the 2024 acquisitions of 3form and Zahner, in addition to increased organic net sales driven by strengthening broad-based penetration throughout our specialty product categories.
Architectural Specialties operating income increased 80.3% in the second quarter of 2025, driven by operating leverage and improved custom project margins on strong organic growth, in addition to contributions from the acquisitions of 3form and Zahner. The benefit from higher net sales was partially offset by a $4 million increase in manufacturing costs and a $7 million increase in SG&A expenses, both of which were primarily attributable to the 2024 acquisitions.
Unallocated Corporate
Unallocated Corporate operating loss was $1 million in the second quarter of 2025 and 2024.
Cash Flow
Year-to-date cash flows from operating activities in 2025 increased $39 million or 46% in comparison to the prior-year period. The favorable change in operating cash flows was primarily driven by higher cash earnings and an increase in income taxes payable, partially offset by unfavorable timing-related working capital changes. Year-to-date cash flows from investing activities increased $95 million versus the prior-year period, primarily due to cash paid in 2024 for the 3form acquisition.
Share Repurchase Program
During the second quarter of 2025, we repurchased 0.2 million shares of common stock for a total cost of $30 million, excluding the cost of commissions and taxes. As of June 30, 2025, there was $610 million remaining under the Board of Directors' current authorized share repurchase program**.
**
In July 2016, our Board of Directors approved our share repurchase program authorizing us to repurchase outstanding shares of common stock (the 'Program'). Since inception of the Program, we have been authorized to repurchase up to an aggregate of $1,700 million of our outstanding shares of common stock through December 2026. Since inception and through June 30, 2025, we have repurchased 15.0 million shares under the Program for a total cost of $1,090 million, excluding commissions and taxes, or an average share price of $72.67 per share.
Expand
Updating 2025 Outlook
'We delivered strong profitability in the second quarter, highlighted by robust adjusted EBITDA margin expansion in both segments. Given these strong first half results, we are increasing our guidance for all key metrics,' said Chris Calzaretta, AWI Senior Vice President and CFO. 'Given continued uncertainty in the macroeconomic backdrop, we remain focused on disciplined cost control and capital allocation. As a result of these efforts, we are well-positioned to deliver strong results for the remainder of the year as we continue to demonstrate the resilience of our business model and create value for our shareholders."
Earnings Webcast
Management will host a live webcast conference call at 10:00 a.m. ET today, to discuss second-quarter 2025 results. This event will be available on the Company's website. The call and accompanying slide presentation can be found on the investor relations section of the Company's website at www.armstrongworldindustries.com. The replay of this event will be available on the website for up to one year after the date of the call.
Uncertainties Affecting Forward-Looking Statements
Disclosures in this release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including without limitation, those relating to future financial and operational results, market and broader economic conditions and guidance. Those statements provide our future expectations or forecasts and can be identified by our use of words such as 'anticipate,' 'estimate,' 'expect,' 'project,' 'intend,' 'plan,' 'believe,' 'outlook,' 'target,' 'predict,' 'may,' 'will,' 'would,' 'could,' 'should,' 'seek,' and other words or phrases of similar meaning in connection with any discussion of future operating or financial performance. This includes annual guidance. Forward-looking statements, by their nature, address matters that are uncertain and involve risks because they relate to events and depend on circumstances that may or may not occur in the future. As a result, our actual results may differ materially from our expected results and from those expressed in our forward-looking statements. A more detailed discussion of the risks and uncertainties that could cause our actual results to differ materially from those projected, anticipated or implied is included in the 'Risk Factors' and 'Management's Discussion and Analysis' sections of our reports on Form 10-K and Form 10-Q filed with the U.S. Securities and Exchange Commission ('SEC'), including our quarterly report for the quarter ended June 30, 2025, that the Company expects to file today. Forward-looking statements speak only as of the date they are made. We undertake no obligation to update any forward-looking statements beyond what is required under applicable securities law.
About Armstrong and Additional Information
Armstrong World Industries, Inc. (AWI) is an Americas leader in the design and manufacture of innovative interior and exterior architectural applications including ceilings, specialty walls and exterior metal solutions. For more than 160 years, Armstrong has delivered products and capabilities that enable architects, designers and contractors to transform building design and construction with elevated aesthetics, acoustics and sustainable attributes. With $1.4 billion in revenue in 2024, AWI has approximately 3,700 employees and a manufacturing network of 20 facilities, plus seven facilities dedicated to its WAVE joint venture.
More details on the Company's performance can be found in its report on Form 10-Q for the quarter ended June 30, 2025, that the Company expects to file with the SEC today.
SEGMENT RESULTS
Armstrong World Industries, Inc. and Subsidiaries
(Unaudited)
For the Three Months Ended June 30,
For the Six Months Ended June 30,
2025
2024
2025
2024
Net Sales
Mineral Fiber
$
267.0
$
250.2
$
512.1
$
489.8
Architectural Specialties
157.6
114.9
295.2
201.6
Total net sales
$
424.6
$
365.1
$
807.3
$
691.4
Expand
For the Three Months Ended June 30,
For the Six Months Ended June 30,
2025
2024
2025
2024
Segment operating income (loss)
Mineral Fiber
$
98.4
$
81.7
$
182.9
$
160.9
Architectural Specialties
25.6
14.2
40.4
21.9
Unallocated Corporate
(0.8
)
(0.9
)
(1.6
)
(1.7
)
Total consolidated operating income
$
123.2
$
95.0
$
221.7
$
181.1
Expand
SELECTED BALANCE SHEET INFORMATION
Armstrong World Industries, Inc. and Subsidiaries
Unaudited
December 31, 2024
Assets
Current assets
$
375.6
$
348.9
Property, plant and equipment, net
595.1
598.8
Other non-current assets
891.3
895.0
Total assets
$
1,862.0
$
1,842.7
Liabilities and shareholders' equity
Current liabilities
$
232.9
$
249.7
Non-current liabilities
791.3
835.9
Shareholders' equity
837.8
757.1
Total liabilities and shareholders' equity
$
1,862.0
$
1,842.7
Expand
SELECTED CASH FLOW INFORMATION
Armstrong World Industries, Inc. and Subsidiaries
(Unaudited)
For the Six Months Ended June 30,
2025
2024
Net earnings
$
156.9
$
125.8
Other adjustments to reconcile net earnings to net cash provided by operating activities
8.7
3.6
Changes in operating assets and liabilities, net
(43.0
)
(45.7
)
Net cash provided by operating activities
122.6
83.7
Net cash provided by (used for) investing activities
13.2
(81.4
)
Net cash (used for) provided by financing activities
(134.7
)
1.1
Effect of exchange rate changes on cash and cash equivalents
0.7
(0.6
)
Net increase in cash and cash equivalents
1.8
2.8
Cash and cash equivalents at beginning of year
79.3
70.8
Cash and cash equivalents at end of period
$
81.1
$
73.6
Expand
Supplemental Reconciliations of GAAP to non-GAAP Results (unaudited)
(Amounts in millions, except per share data)
To supplement its consolidated financial statements presented in accordance with accounting principles generally accepted in the United States ('GAAP'), the Company provides additional measures of performance adjusted to exclude the impact of certain discrete expenses and income including adjusted Earnings Before Interest, Taxes, Depreciation and Amortization ("EBITDA"), adjusted diluted earnings per share ("EPS") and adjusted free cash flow. Investors should not consider non-GAAP measures as a substitute for GAAP measures. The Company excludes certain acquisition related expenses (i.e. impact of adjustments related to the fair value of inventory, contingent third-party professional fees, changes in the fair value of contingent consideration and deferred compensation accruals for acquisitions). The Company also excludes all acquisition-related intangible amortization from adjusted net earnings and in calculations of adjusted diluted EPS. Examples of other excluded items have included plant closures, restructuring charges and related costs, separation costs and other cost reduction initiatives, environmental site expenses and environmental insurance recoveries, endowment level charitable contributions, the impact of defined benefit plan settlements, gains and losses on sales or impairment of fixed assets, and certain other gains and losses. The Company also excludes income/expense from its U.S. Retirement Income Plan ('RIP') in the non-GAAP results as it represents the actuarial net periodic benefit credit/cost recorded. For all periods presented, the Company was not required and did not make cash contributions to the RIP based on guidelines established by the Pension Benefit Guaranty Corporation, nor does the Company expect to make cash contributions to the plan in 2025. Adjusted free cash flow is defined as cash from operating and investing activities, adjusted to remove the impact of cash used or proceeds received for acquisitions and divestitures, environmental site expenses and environmental insurance recoveries. Management's adjusted free cash flow measure includes returns of investment from WAVE and cash proceeds received from the settlement of company-owned life insurance policies, which are presented within investing activities on our condensed consolidated statement of cash flows. The Company uses these adjusted performance measures in managing the business, including communications with its Board of Directors and employees, and believes that they provide users of this financial information with meaningful comparisons of operating performance between current results and results in prior periods. The Company believes that these non-GAAP financial measures are appropriate to enhance understanding of its past performance, as well as prospects for its future performance. The Company also uses adjusted EBITDA and adjusted free cash flow (with further adjustments, when necessary) as factors in determining at-risk compensation for senior management. These non-GAAP measures may not be defined and calculated the same as similar measures used by other companies. Non-GAAP financial measures utilized by the Company may not be comparable to non-GAAP financial measures used by other companies. A reconciliation of these adjustments to the most directly comparable GAAP measures is included in this release and on the Company's website. These non-GAAP measures should not be considered in isolation or as a substitute for the most comparable GAAP measures.
In the following charts, numbers may not sum due to rounding. Excluding adjusted diluted EPS, non-GAAP figures are rounded to the nearest million and corresponding percentages are rounded to the nearest percent based on unrounded figures.
(1)
RIP expense represents only the plan service cost that is recorded within Operating income. For all periods presented, we were not required to and did not make cash contributions to our RIP.
(2)
Represents the impact of acquisition-related adjustments for the fair value of inventory, contingent third-party professional fees and changes in fair value of contingent consideration.
(3)
Represents the Company's 50% share of WAVE's settlement of their defined benefit pension plan.
Expand
Mineral Fiber
For the Three Months Ended
June 30,
For the Six Months Ended
June 30,
2025
2024
2025
2024
Net sales
$
267
$
250
$
512
$
490
Operating income
$
98
$
82
$
183
$
161
Add: Acquisition-related impacts (1)
-
1
-
-
Add: WAVE pension settlement (2)
-
1
-
1
Add: Environmental expense
-
1
-
1
Adjusted operating income
$
98
$
85
$
183
$
164
Add: Depreciation and amortization
22
20
43
40
Adjusted EBITDA
$
121
$
104
$
226
$
203
Operating income margin
36.9
%
32.7
%
35.7
%
32.9
%
Adjusted EBITDA margin
45.2
%
41.7
%
44.1
%
41.5
%
Expand
(1)
Represents the impact of acquisition-related adjustments for changes in fair value of contingent consideration.
(2)
Expand
Architectural Specialties
For the Three Months Ended
June 30,
For the Six Months Ended
June 30,
2025
2024
2025
2024
Net sales
$
158
$
115
$
295
$
202
Operating income
$
26
$
14
$
40
$
22
Add: Acquisition-related impacts (1)
-
1
-
1
Adjusted operating income
$
26
$
15
$
40
$
23
Add: Depreciation and amortization
8
6
17
10
Adjusted EBITDA
$
34
$
21
$
58
$
33
Operating income margin
16.2
%
12.4
%
13.7
%
10.9
%
Adjusted EBITDA margin
21.5
%
18.4
%
19.5
%
16.5
%
Expand
(1)
Represents the impact of acquisition-related adjustments for the fair value of inventory, contingent third-party professional fees and changes in fair value of contingent consideration.
Expand
Unallocated Corporate
For the Three Months Ended
June 30,
For the Six Months Ended
June 30,
2025
2024
2025
2024
Operating (loss)
$
(1
)
$
(1
)
$
(2
)
$
(2
)
Add: RIP expense (1)
1
1
1
1
Adjusted operating (loss)
$
-
$
-
$
(1
)
$
(1
)
Add: Depreciation and amortization
-
-
-
-
Adjusted EBITDA
$
-
$
-
$
-
$
-
Expand
(1)
RIP expense represents only the plan service cost that is recorded within Operating income. For all periods presented, we were not required to and did not make cash contributions to our RIP.
Expand
Consolidated Results – Adjusted Free Cash Flow
For the Three Months Ended
June 30,
For the Six Months Ended
June 30,
2025
2024
2025
2024
Net cash provided by operating activities
$
82
$
57
$
123
$
84
Net cash provided by (used by) investing activities
7
(87
)
13
(81
)
Net cash provided by (used by) operating and investing activities
$
89
$
(30
)
$
136
$
2
(Less)/Add: Acquisitions, net of cash acquired and investment in unconsolidated affiliate
(1
)
94
(1
)
99
Add: Contingent consideration in excess of acquisition-date fair value (1)
-
-
1
-
Add: Arktura deferred compensation (1)
-
-
-
6
(Less): Proceeds from sale of facility (2)
-
(2
)
-
(2
)
Adjusted Free Cash Flow
$
88
$
62
$
136
$
105
Expand
(1)
Deferred compensation and contingent consideration payments related to acquisitions that were recorded as components of net cash provided by operating activities.
(2)
Proceeds related to the sale of Architectural Specialties design center.
Expand
Consolidated Results – Adjusted Diluted Earnings Per Share (EPS)
For the Three Months Ended June 30,
For the Six Months Ended June 30,
2025
2024
2025
2024
Total
Per Diluted
Share
Total
Per Diluted
Share
Total
Per Diluted
Share
Total
Per Diluted
Share
Net earnings
$
88
$
2.01
$
66
$
1.50
$
157
$
3.59
$
126
$
2.86
Add: Income tax expense
28
21
49
42
Earnings before income taxes
$
115
$
87
$
206
$
167
Add: Acquisition-related impacts (1)
-
2
-
2
Add: Acquisition-related amortization (2)
4
3
9
5
Add: WAVE pension settlement (3)
-
1
-
1
Add: Environmental expense
-
1
-
1
Adjusted net earnings before income taxes
$
120
$
94
$
215
$
176
(Less): Adjusted income tax expense (4)
(29
)
(23
)
(51
)
(44
)
Adjusted net earnings
$
91
$
2.09
$
71
$
1.62
$
164
$
3.76
$
132
$
3.00
Adjusted diluted EPS change versus prior year
29.0
%
25.3
%
Diluted shares outstanding
43.7
44.0
43.7
44.0
Effective tax rate
24
%
24
%
24
%
25
%
Expand
(1)
Represents the impact of acquisition-related adjustments for the fair value of inventory, contingent third-party professional fees and changes in fair value of contingent consideration.
(2)
Represents acquisition-related intangible amortization, including customer relationships, developed technology, software, trademarks and brand names, non-compete agreements and other intangibles.
(3)
Represents the Company's 50% share of WAVE's non-cash accounting loss upon settlement of their defined benefit pension plan.
(4)
Adjusted income tax expense is calculated using the effective tax rate multiplied by the adjusted net earnings before income taxes.
Expand
Adjusted EBITDA Guidance
For the Year Ending December 31, 2025
Low
High
Net earnings
$
300
to
$
304
Add: Income tax expense
92
97
Earnings before income taxes
$
392
to
$
402
Add: Interest expense
34
36
Add: Other non-operating (income), net
(2
)
(1
)
Operating income
$
425
to
$
436
Add: RIP expense (1)
2
2
Adjusted operating income
$
427
to
$
438
Add: Depreciation and amortization
117
122
Adjusted EBITDA
$
545
to
$
560
Expand
(1)
RIP expense represents only the plan service cost that is recorded within Operating income. We do not expect to make cash contributions to our RIP.
Expand
(1)
Adjusted diluted EPS guidance for 2025 is calculated based on approximately 43 to 44 million of diluted shares outstanding.
(2)
RIP cost represents the entire actuarial net periodic pension cost recorded as a component of net earnings. We do not expect to make any cash contributions to our RIP.
(3)
Represents acquisition-related intangible amortization, including customer relationships, developed technology, software, trademarks and brand names, non-compete agreements and other intangibles.
(4)
Income tax expense is based on an adjusted effective tax rate of approximately 24%, multiplied by adjusted earnings before income taxes.
Expand
(1)
Net cash provided by operating activities is based on a normalized cash tax rate including the impact of 2025 tax reform.
Expand
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Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Bitfarms maintained deficient internal controls over financial reporting; (ii) as a result, the Company incorrectly categorized proceeds derived from the sale of digital assets as a cash flow from operating activities rather than as a cash flow from investing activities; (iii) in addition, the Company overstated the extent to which it had remediated, and/or its ability to remediate, the material weakness in its internal controls over financial reporting related to its classification of the 2021 Warrants; (iv) the foregoing errors caused Bitfarms to misstate various items in several of the Company's previously issued financial statements; (v) as a result, these financial statements were inaccurate and would likely need to be restated; and (vi) as a result, the Company's public statements were materially false and misleading at all relevant times For more information on the Bitfarms class action go to: Reddit, Inc. (NYSE:RDDT) Class Period: October 29, 2024 and May 20, 2025 Lead Plaintiff Deadline: August 18, 2025 The complaint alleges that the social media website Reddit receives a significant portion of its user traffic from Google Search, and Reddit's primary source of revenue is generated from advertising to users on its own platform. Throughout the relevant period, Google Search began implementing new Artificial Intelligence ('AI') capabilities such as AI Overview that could change the nature of search results. Defendants are alleged to have made false and misleading statements, and failed to disclose, that: (i) changes in Google Search's algorithm and features like AI Overview were causing users to stop their query on Google Search; (ii) these algorithm changes were materially different than prior instances of reduced traffic to the Reddit website; (iii) Defendants were aware that the increase in the query term 'Reddit' on search engines was because users were getting the sought after answer from Google Search without having to go to Reddit, and not because they intended to visit Reddit; (iv) this zero-click search reality was dramatically reducing traffic to Reddit in a manner the Company was unable to overcome in the short term; and (v) Defendants, therefore, lacked a reasonable basis for its outlook on user rates and advertising revenues. On May 1, 2025, after the market close, Reddit issued an earnings release announcing its first quarter 2024 financial results for the period ending March 31, 2025. The earnings release revealed that Reddit had experienced three consecutive quarters of deceleration in daily active user growth. On this news, the price of Reddit's common stock fell $4.96 per share, or 4.2%, from a closing price of $118.79 per share on May 1, 2025, to a closing price of $113.83 per share on May 2, 2025. Then, on May 19, 2025, Wells Fargo analysts downgraded Reddit's stock and lowered their price target to $115 per share from a previous $168 per share. Wells Fargo called Google Search's implementation of new AI features as likely 'permanent' disruptions on user traffic for Reddit. On this news, the price of Reddit's common stock fell $5.24 per share, or 4.6%, from a closing price of $113.23 per share on May 16, 2025, to a closing price of $107.99 per share on May 19, 2025. Finally, on May 21, 2025, Baird analysts substantially downgraded Reddit's stock, reducing the price target to $120 per share from the previous $140 per share. Citing similar concerns as the Wells Fargo analysts, Baird analysts additionally noted the new and disruptive developments in Google Search that had just been presented at the Google I/O developer conference. On this news, the price of Reddit's common stock fell $9.79 per share, or 9.3%, from a closing price of $105.64 per share on May 20, 2025, to a closing price of $95.85 per share on May 21, 2025. For more information on the Reddit class action go to: About Bragar Eagel & Squire, P.C.: Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit . Attorney advertising. Prior results do not guarantee similar outcomes. Contact Information: Bragar Eagel & Squire, Walker, Esq. Marion Passmore, Esq.(212) 355-4648 [email protected]
Business Upturn
2 hours ago
- Business Upturn
UNITEDHEALTH CLASS ACTION ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against UnitedHealth Group Incorporated and Encourages Investors to Contact the Firm
NEW YORK, Aug. 02, 2025 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against UnitedHealth Group Incorporated ('UnitedHealth' or the 'Company') (NYSE: UNH) in the United States District Court for the Southern District of New York on behalf of all persons and entities who purchased or otherwise acquired UnitedHealth securities between December 3, 2024 and April 16, 2025, both dates inclusive (the 'Class Period'). Investors have until July 7, 2025 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Click here to participate in the action. According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) UnitedHealth had, for years, engaged in a corporate strategy of denying health coverage in order to boost its profits, and ultimately, its share price; (2) this anti-consumer (and at times unlawful) strategy resulted in regulatory scrutiny (as well as public angst) against UnitedHealth, which ultimately resulted in the murder of Brian Thompson ('Thompson'); (3) animus towards UnitedHealth was such that, subsequent to the murder of Thompson, many Americans openly celebrated his demise, expressed admiration for his accused killer, and/or otherwise demanded that UnitedHealth change its strategy even if they condemned Thompson's killing; (4) the foregoing regulatory and public outrage caused UnitedHealth to change its corporate practices; (5) notwithstanding the foregoing, UnitedHealth recklessly stuck with the guidance it issued the day before Thompson's murder, which was unrealistic considering UnitedHealth's changing corporate strategies; and (6) 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. If you purchased or otherwise acquired UnitedHealth shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at [email protected], telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.: Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit . Attorney advertising. Prior results do not guarantee similar outcomes. Follow us for updates on LinkedIn, X, and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn and X. Contact Information: Bragar Eagel & Squire, Walker, Passmore, Esq.(212) 355-4648 [email protected]
