openPR Logo
Press release

Investgiation for Long Term Investors in shares of ProPetro Holding Corp. (NYSE: PUMP) was announced

05-23-2020 02:29 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in ProPetro Holding Corp. (NYSE: PUMP) shares over potential wrongdoing.

An investigation on behalf of investors in ProPetro Holding Corp. (NYSE: PUMP) shares over potential wrongdoing.

An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at ProPetro Holding Corp.

Investors who purchased shares of ProPetro Holding Corp. (NYSE: PUMP) and currently hold any of those NYSE: PUMP 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 concerns whether certain ProPetro Holding Corp. directors breached their fiduciary duties and caused damage to the company and its shareholders.

On September 16, 2019, a lawsuit was filed against ProPetro Holding Corp over alleged violations of Federal Securities Laws. The plaintiff claims that between March 17, 2017 and August 8, 2019, the Defendants failed to disclose to investors, that the Company's executive officers were improperly reimbursed for certain expenses, that the Company had engaged in certain undisclosed transactions with related parties, that the Company lacked adequate disclosure controls and procedures, that the Company lacked effective internal control over financial reporting, 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 ProPetro Holding Corp. (NYSE: PUMP) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, 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, investigations, and/or settlements are not filed/initiated/reached and/or are not 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.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Investgiation for Long Term Investors in shares of ProPetro Holding Corp. (NYSE: PUMP) was announced here

News-ID: 2055643 • Views: 280

More Releases from Shareholders Foundation

Deadline on Nov. 3rd coming up in Lawsuit for Investors in shares of Coty Inc. ( …
The Shareholders Foundation announced that a deadline is coming up on November 3, 2020 in the lawsuit filed for certain investors of Coty Inc. (NYSE: COTY) over alleged securities laws violations by Coty Inc. Investors who purchased shares of Coty Inc. (NYSE: COTY) have certain options and there are strict and short deadlines running. Deadline: November 3, 2020. NYSE: COTY stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858)
Investigation announced for Long-Term Investors in shares of Insperity, Inc. (NY …
An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Insperity, Inc. Investors who are current long term investors in Insperity, Inc. (NYSE: NSP) 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: NSP stocks follows a lawsuit filed against Insperity, Inc. over alleged securities laws
Lawsuit filed for Investors in shares of Evolus, Inc. (NASDAQ: EOLS)
An investor, who purchased shares of Evolus, Inc. (NASDAQ: EOLS), filed a lawsuit over alleged violations of Federal Securities Laws by Evolus, Inc. Investors who purchased shares of Evolus, Inc. (NASDAQ: EOLS) have certain options and for certain investors are short and strict deadlines running. Deadline: December 15, 2020. NASDAQ: EOLS investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. An International Trade Commission judge issued a
Investigation announced for Investors in shares of Citigroup Inc. (NYSE: C)
An investigation was announced over potential securities laws violations by Citigroup Inc. and certain of its directors and officers in connection with certain financial statements was announced. Investors who purchased shares of Citigroup Inc. (NYSE: C), 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 possible claims on behalf of purchasers of the securities of Citigroup

All 5 Releases


More Releases for ProPetro

Why the Hydraulic Fracturing Market is set to explode? Top Companies : Schlumber …
The U.S. Energy Department states that nowadays, approximately 95% of newly drilled wells are hydraulically fractured. It accounts for almost half of the U.S. crude oil production and two-thirds of the total U.S. natural gas production. This information is present in a report by Fortune Business Insights, titled, "Hydraulic Fracturing Market Size, Share & Industry Analysis, By Well Type (Horizontal, and Vertical), By Technology (Plug & Perf, and Sliding Sleeve),