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Advanced Drainage Systems (WMS) Plans to Restate Prior Period Financial Statements

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Advanced Drainage Systems to Restate Prior Period Financial Statements

November 29, 2016 5:15 PM EST

HILLIARD, Ohio--(BUSINESS WIRE)-- Advanced Drainage Systems, Inc. (NYSE: WMS) (ADS or the Company), a leading global manufacturer of water management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that the Company will restate its prior period financial statements and related financial information as filed with the Securities and Exchange Commission (SEC). The restated financial information will include the consolidated financial statements for the annual periods ended March 31, 2016, 2015 and 2014, selected annual financial information for the annual periods ended 2013 and 2012, as well as the associated consolidated financial statements for the quarterly periods for... More