Press release
Investigation announced for Investors in shares of Covia Holdings Corporation (OTC: CVIAQ)
An investigation on behalf of current long term investors in Covia Holdings Corporation (OTC: CVIAQ) shares.
Investors who are current long term investors in Covia Holdings Corporation (OTC: CVIAQ) 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 current long term investors in OTC: CVIAQ stocks follows a lawsuit filed against Covia Holdings Corporation over alleged securities laws violations. The investigation on behalf of current long term investors in OTC: CVIAQ stocks, concerns whether certain Covia Holdings Corporation 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 Ohio the plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that Covia's proprietary "value-added" proppants were not necessarily more effective than ordinary sand, that Covia's revenues, which were dependent on its proprietary "value-added" proppants, was based on misrepresentations, that when Covia insiders raised this issue, defendants did not take meaningful steps to rectify the issue, and that as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Those who purchased shares of Covia Holdings Corporation (OTC: CVIAQ) have certain options and should contact the Shareholders Foundation.
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 lawsuits, 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.
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