An investigation for investors in Exterran Corp shares over possible violations of securities laws by Exterran was announced and NYSE:EXTN stockholders should contact the Shareholders Foundation
San Diego, CA -- (SBWIRE) -- 12/13/2016 -- An investigation is ongoing on behalf of investors of Exterran Corp concerning possible violations of securities laws violations by Houston, TX based Exterran in connection certain financial statements.
Investors who purchased shares of Exterran Corp (NYSE:EXTN), have certain options and should contact the Shareholders Foundation at email@example.com or call 858-779-1554.
The investigation by a law firm focuses on whether certain statements by Exterran regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On April 26, 2016, in addition to delaying the filing of its first quarter 2016 Form 10-Q, Exterran Corp announced that it is restating its financial statements for 2015 because of material errors and possible irregularities relating to the accounting for certain Belleli EPC contracts, and that the financial statements for 2015 and the related independent accounting firm report should no longer be relied upon.
Shares of Exterran Corp (NYSE:EXTN) declined on April 26, 2016 to as low as $15.81 per share.
Those who purchased shares of Exterran Corp have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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