An investigation on behalf of current long term investors in Golar LNG Limited (NASDAQ:GLNG) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 01/13/2021 -- An investigation was announced concerning potential breaches of fiduciary duties by certain directors of Golar LNG Limited.
Investors who are current long term investors in Golar LNG Limited (NASDAQ: GLNG) shares, 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 for current long term investors in NASDAQ: GLNG stocks follows a lawsuit filed against Golar LNG Limited over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: GLNG stocks, concerns whether certain Golar LNG Limited directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that the Defendants failed to disclose to investors that certain employees, including Hygo's CEO, had bribed third parties, thereby violating anti-bribery policies, that, as a result, the Company was likely to face regulatory scrutiny and possible penalties, that, as a result of the foregoing reputational harm, Hygo's valuation ahead of its IPO would be significantly impaired, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Those who purchased shares of Golar LNG Limited (NASDAQ: GLNG) have certain options and should contact the Shareholders Foundation.
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