An investigation on behalf of current long term investors in PG&E Corporation (NYSE: PCG) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 01/07/2019 -- An investigation was announced for investors in shares of PG&E Corporation (NYSE: PCG) concerning potential breaches of fiduciary duties by certain directors of PG&E Corporation.
Investors who are current long term investors in PG&E Corporation (NYSE: PCG) shares, 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 for investors in NYSE: PCG stocks follows a lawsuit filed against PG&E over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: PCG stocks, concerns whether certain PG&E directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Northern District of California the plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that PG&E had failed to maintain electricity transmission and distribution networks in compliance with safety requirements and regulations promulgated under state law, that consequently, PG&E was in violation of state law regulation, that PG&E's electricity networks would cause numerous wildfires in California, and that as a result of the foregoing, Defendants' statements about the Company's business and operations were materially false and misleading at all relevant times.
Those who purchased shares of PG&E Corporation (NYSE: PCG) 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.