San Diego, CA -- (SBWIRE) -- 01/27/2014 -- An investigation on behalf of investors in shares of Gas Natural Inc (NYSEMKT:EGAS) was announced concerning whether certain Gas Natural officers and directors possibly breached their fiduciary duties in connection with certain statements.
Investors who purchased shares of Gas Natural Inc (NYSEMKT:EGAS) have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm concerns, among other things, whether certain Gas Natural Inc (NYSEMKT:EGAS officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
On November 15, 2013, Gas Natural Inc disclosed in a filing with the U.S. Securities and Exchange Commission that on November 13, 2013, the Public Utilities Commission of Ohio issued an Opinion and Order (the “Order”), related to the gas cost recovery cases involving Northeast Ohio Natural Gas Corp. and Orwell Natural Gas Company, which are two of the operating subsidiaries of Gas Natural Inc. .
Gas Natural Inc stated that it needed to analyze the Order to determine its impact, if any, on the Form 10-Q for the period ended September 30, 2013.
Then on November 20, 2013, Gas Natural Inc reported its 2013 third quarter results.
Shares of Gas Natural Inc (NYSEMKT:EGAS) declined from $9.98 per share on November 14, 2013, to $7.567 on November 26, 2013.
Those who purchased shares of Gas Natural Inc (NYSEMKT:EGAS), have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego