A lawsuit was filed on behalf of investors in Golar LNG Limited (NASDAQ:GLNG) shares over alleged securities laws violations.

San Diego, CA -- (SBWire) -- 10/09/2020 --An investor, who purchased shares of Golar LNG Limited (NASDAQ: GLNG), filed a lawsuit in the U.S. over alleged violations of Federal Securities Laws by Golar LNG Limited.

Investors who purchased shares of Golar LNG Limited (NASDAQ: GLNG) have certain options and for certain investors are short and strict deadlines running. Deadline: November 23, 2020. NASDAQ: GLNG investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

On September 24, 2020, it was reported that the Chief Executive Officer ("CEO") of Golar's joint venture, Hygo Energy Transition Ltd. ("Hygo"), was involved in a bribery network investigated in Brazil's Operation Car Wash.

The plaintiff claims that between April 30, 2020 and September 24, 2020, the Defendants failed to disclose to investors that certain employees, including Hygo's CEO, had bribed third parties, thereby violating anti-bribery policies, that, as a result, the Company was likely to face regulatory scrutiny and possible penalties, that, as a result of the foregoing reputational harm, Hygo's valuation ahead of its IPO would be significantly impaired, 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 Golar LNG Limited (NASDAQ: GLNG) 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.