Investigation timeline – what to expect:
Pomerantz LLP’s announcement does not include a specific deadline, and the firm has not filed a formal complaint yet. In comparable securities‑fraud matters, the fact‑finding phase usually runs 4‑8 weeks, after which the law firm decides whether to file a class‑action suit. Assuming the inquiry proceeds without major delays, a formal pleading could be lodged in the next 6–10 weeks (mid‑September to early October). Once a complaint is filed, the litigation calendar typically moves to a discovery period that can stretch 3‑6 months, with any preliminary motions or settlement talks emerging in the late‑fall to early‑winter window.
Trading implications:
Until the complaint is filed, Albany International Corp. (AIN) is likely to trade on heightened uncertainty, which historically translates into a 1%‑3% widening of the bid‑ask spread and modest upside/downside volatility. Technicals show the stock hovering near a short‑term support level around $18.50; a breach could signal a risk‑off move as investors price in potential litigation costs and reputational drag. Conversely, a rapid settlement or dismissal would provide a catalytic bounce. Given the expected timeline, a cautious short‑to‑mid‑term stance—e.g., scaling out of long positions now and watching for a filing trigger around early October—offers a way to manage risk while remaining positioned for any upside if the case stalls or settles favorably.