Cabot Oil & Gas Corporation (NYSE:COG) Long Term Investor Notice: Investigation of Potential Wrongdoing
An investigation on behalf of current long term investors in Cabot Oil & Gas Corporation (NYSE:COG) shares over possible breaches of fiduciary duty by certain officers and directors was announced
San Diego, CA -- (SBWire) -- 11/16/2020 --An investigation was announced concerning potential breaches of fiduciary duties by certain directors s of Cabot Oil & Gas Corporation.
Investors who are current long term investors in Cabot Oil & Gas Corporation (NYSE: COG) shares, have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm for investors in NYSE: COG stocks follows a lawsuit filed against Cabot Oil & Gas Corporation over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: COG stocks, concerns whether certain Cabot Oil & Gas Corporation directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that the Defendants made false and/or misleading statements and/or failed to disclose that Cabot had inadequate environmental controls and procedures and/or failed to properly mitigate known issues related to those controls and procedures, that as a result, Cabot, among other issues, failed to fix faulty gas wells, thereby polluting Pennsylvania's water supplies through stray gas migration, that the foregoing was foreseeably likely to subject Cabot to increased governmental scrutiny and enforcement, as well as increased reputational and financial harm, that Cabot continually downplayed its potential civil and/or criminal liabilities with respect to such environmental matters, and thatas a result, the Company's public statements were materially false and misleading at all relevant times.
Those who purchased shares of Cabot Oil & Gas Corporation (NYSE: COG) 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.
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