An investigation for investors in NiSource Inc. (NYSE:NI) shares over potential securities laws violations by NiSource Inc. was announced.
San Diego, CA -- (SBWIRE) -- 05/26/2020 -- An investigation was announced over potential securities laws violations by NiSource Inc. 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 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.
Merrillville, IN based NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. NiSource Inc reported that its annual Total Revenue rose from over $5.11 billion in 2018 to over $5.2 billion in 2019, and that its Net Loss of $50.60 million in 2018 turned into a Net Income of $383.1 million in 2019.
Shares of NiSource Inc. (NYSE: NI) declined from $30.29 per share in February 2020 to as low as $19.56 per share on March 16, 2020.
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.