A Deadline is coming up on April 15, 2019 in the lawsuit for investors in Bristow Group Inc (NYSE: BRS and NYSE: BRS stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 04/15/2019 -- The Shareholders Foundation announces that a deadline is coming up on April 15, 2019 in the lawsuit filed for investors of Bristow Group Inc (NYSE: BRS over alleged securities laws violations by Bristow Group Inc (NYSE: BRS.
Investors who purchased shares of Bristow Group Inc (NYSE: BRS) have certain options and there are strict and short deadlines running. Deadline: April 15, 2019. NYSE: BRS stockholders should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The plaintiff alleges on behalf of purchasers of Bristow Group Inc (NYSE: BRS) common shares between February 8, 2018 and February 12, 2019, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between February 8, 2018 and February 12, 2019, the defendants failed to disclose to investors, that the Company lacked adequate monitoring processes related to non-financial covenants within its secured financing and lease agreements, that, as a result, the Company could not reasonably assure compliance with certain non-financial covenants, that, as a result, the Company was reasonably likely to breach certain agreements, that, as a result, the Company had understated its short-term debt, that the required corrections would materially impact financial statements, that that there was a material weakness in the Company's internal controls over financial reporting, 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 Bristow Group Inc (NYSE: BRS) have certain options and should contact the Shareholders Foundation.
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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.