An investigation for investors in BrightView Holdings, Inc. (NYSE: BV) shares over potential securities laws violations by BrightView Holdings, Inc. was announced..
San Diego, CA -- (SBWIRE) -- 03/26/2019 -- BrightView Holdings, Inc is under investigation on over potential securities laws violations in connection with certain financial statements.
Investors who purchased shares of BrightView Holdings, Inc. (NYSE: BV), have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by BrightView Holdings, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Plymouth Meeting, PA based BrightView Holdings, Inc. provides commercial landscaping services in the United States. On or about June 28, 2018, BrightView Holdings, Inc sold 21.3 million shares of stock in its initial public stock offering (the "IPO"), at $22 a share raising $468,600,000 in new capital.
On November 27, 2018, BrightView Holdings, Inc. announced its fourth quarter 2018 and full year 2018 financial results and issued its 2019 fiscal outlook. BrightView Holdings, Inc. reported that its annual Total Revenue rose from over $2.25 billion for the 12 months period that ended on September 30, 2017 to over $2.35 billion for the 12 months period that ended on September 30, 2018 and that its Net Loss declined from $37.44 million to $15.08 million over those respective time periods.
Shares of Shares of BrightView Holdings, Inc. (NYSE: BV) declined to as low as $9.05 per share on December 26, 2019.
Those who purchased shares of BrightView Holdings, Inc. (NYSE: BV) have certain options and should contact the Shareholders Foundation.
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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.