An investigation for investors in NYSE: NI shares concerning possible violations of securities laws by NiSource Inc. was announced .
San Diego, CA -- (SBWIRE) -- 03/15/2019 -- NiSource Inc is under investigation over potential securities laws violations in connection with certain financial statements.
Investors who purchased shares of NiSource Inc. (NYSE: NI), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on potential claims on behalf of purchasers of the securities of NiSource Inc. (NYSE: NI) concerning whether a series of statements by NiSource Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On September 13, 2018, dozens of gas pipe explosions occurred in the Merrimack Valley in Massachusetts causing several injuries and one death.
On November 1, 2018, NiSource Inc. disclosed that the Company and Columbia "are subject to a criminal investigation being conducted under the supervision of the U.S. Attorney's Office for the District of Massachusetts", and that initial grand jury subpoenas were served on both entities on September 24, 2018. Then on February 11, 2019, the U.S. Securities and Exchange Commission notified NiSource that it is conducting an investigation related to disclosures made prior to the incident
Those who purchased shares of NiSource Inc. (NYSE: NI) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.