An investigation for investors in SNC-Lavalin Group Inc. (OTC: SNCAF) shares over potential securities laws violations by SNC-Lavalin Group Inc. was announced and OTC: SNCAF stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 03/21/2019 -- An investigation was announced concerning potential securities laws violations by SNC-Lavalin Group Inc. in connection with certain financial statements.
Investors who purchased shares of SNC-Lavalin Group Inc. (OTC: SNCAF), 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 SNC-Lavalin Group Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Canada based SNC-Lavalin Group Inc. provides consulting, design, engineering, construction, and operation and maintenance services worldwide. On January 28, 2019, SNC-Lavalin announced that its earnings before interest and taxes in its Mining & Metallurgy Segment would be lower in 2018 than expected due to the underperformance of a project. The project involved a contract that was awarded in 2016. Shares of SNC-Lavalin Group Inc. (OTC: SNCAF) declined from $47.19 per share in June 2018 to as low as $25.12 per share on February 14, 2019.
Those who purchased shares of SNC-Lavalin Group Inc. (OTC: SNCAF) 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.