Press release
Investigation announced for Investors in shares of Overseas Shipholding Group, Inc. (NYSE: OSG)
An investigation for investors in Overseas Shipholding Group, Inc. (NYSE: OSG) shares over potential securities laws violations
Investors who purchased shares of Overseas Shipholding Group, Inc. (NYSE: OSG), 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 Overseas Shipholding Group, Inc. (NYSE: OSG) concerning whether a series of statements by Overseas Shipholding Group, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Tampa, FL based Overseas Shipholding Group, Inc., together with its subsidiaries, owns and operates a fleet of oceangoing vessels.
Overseas Shipholding Group, Inc. (NYSE: OSG) reported that its annual Total Revenue rose from $355.54 million in 2019 to $418.69 million in 2020, and that its Net Income increased from $8.67 million in 2019 to $30. Million in 2020.
On September 7, 2021, Saltchuk Holdings ("Saltchuk") disclosed in a U.S. Securities and Exchange Commission filing that it had ended discussions regarding a potential offer for Overseas Shipholding. Specifically, Saltchuk stated that it "has notified [Overseas Shipholding] that, in light of continued uncertainty with respect to the pace and trajectory of the global pandemic recovery and its effects on [Overseas Shipholding's] business and operations, Saltchuk Holdings is suspending discussions with the [Company] regarding a possible acquisition of its outstanding common stock."
Shares of Overseas Shipholding Group, Inc. (NYSE: OSG) closed on September 27, 2021, at $2.15 per share.
Those who purchased shares of Overseas Shipholding Group, Inc. (NYSE: OSG) 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.
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 Investigation announced for Investors in shares of Overseas Shipholding Group, Inc. (NYSE: OSG) here
News-ID: 2410418 • Views: …
More Releases from Shareholders Foundation
Investigation announced for Long-Term Investors in shares of Sable Offshore Corp …
An investigation was announced for long-term investors in shares of Sable Offshore Corp. (NYSE: SOC) concerning potential breaches of fiduciary duties by certain directors of Sable Offshore Corp.
Investors who are current long term investors in Sable Offshore Corp. (NYSE: SOC) 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…
Lawsuit filed for Investors who lost money with shares of Lantheus Holdings, Inc …
An investor, who purchased shares of Lantheus Holdings, Inc. (NASDAQ: LNTH), filed a lawsuit over alleged violations of Federal Securities Laws by Lantheus Holdings, Inc. in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Lantheus Holdings, Inc. (NASDAQ: LNTH) have certain options and for certain investors are short and strict deadlines running. Deadline: November 10, 2025. NASDAQ: LNTH investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com…
Biohaven Ltd. (NYSE: BHVN) Investor Alert: Deadline in Lawsuit on September 12, …
A deadline is coming up on September 12, 2025in the lawsuit filed for certain investors of Biohaven Ltd. (NYSE: BHVN) over alleged securities laws violations by Biohaven Ltd.
Investors who purchased shares of Biohaven Ltd. (NYSE: BHVN) have certain options and there are strict and short deadlines running. Deadline: September 12, 2025. NYSE: BHVN stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the…
Investigation announced for Long-Term Investors in shares of West Pharmaceutical …
An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of West Pharmaceutical Services, Inc..
Investors who are current long term investors in West Pharmaceutical Services, Inc. (NYSE: WST) 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 (NYSE: WST stocks follows a lawsuit filed…
More Releases for Overseas
"Overseas Chinese Connecting Five Continents Colorful Yunnan" - 21st ASEAN Overs …
On June 14, the 21st ASEAN Overseas Chinese Trade Conference commenced in Dehong, Yunnan, co-hosted by the All-China Federation of Returned Overseas Chinese (ACFROC) and Yunnan Provincial Government. Over 400 overseas Chinese leaders from 62 countries attended, including Gao Feng (ACFROC leadership candidate), Xu Hao (Vice Governor of Yunnan), and Lin Wenmeng (President of Myanmar Chinese Chamber of Commerce).
Gao Feng proposed: Leverage overseas Chinese as bridges to energize China-global cooperation;…
KC Overseas Education To Host A Mega Overseas Education Fair In Nagpur on 12th J …
KC Overseas Education will be conducting a free 'Overseas Education Fair in Nagpur' on 12th January 2025, providing students and their parents with a unique platform to explore study abroad opportunities and receive expert counselling.
A leading study-abroad consultancy since 1998, KC Overseas Nagpur is all set to host the upcoming "Overseas Education Fair" event on 12th January 2025 from 10:00 am to 5:00 pm at Chitnavis Centre, Civil Lines, Nagpur.…
Attend KC's Biggest Overseas Education Fair
Golden chance for study abroad aspirants from Nagpur to connect and interact with the Top Global Universities in their own city.
Yes, you read it right. KC Overseas Education is organizing the Biggest Overseas Education Fair in Nagpur co-powered by Avanse Financial Services and Duolingo English Test. The best part is that entry to this fair is free.
So, grab the chance to attend this Mega Fair in which KC is bringing…
Entrily: International Overseas Education Marketplace for Overseas Consultants
In today's world, the traditional ways of conducting business are having high load of paperwork's. In the real of international overseas education services, Entrily is innovative all-in-one education marketplace. Use advanced features of Entrily and grow overseas consultancies.
Embracing the Digital Age
The way we live, work, and interact with the outside world has changed because of the digital age. Businesses must adapt in this age of quick information and communication. Entrily…
Overseas Trade into Japan
Action Storage Systems is actively seeking distributors overseas in an attempt to grow the business in these difficult economic times. In October this year they have set up a new distributor in Japan for the sale of their eXtreme Plastic Lockers®. Koyo specialise in the sale and manufacture of locker systems from their base in Nagano and were established in 1961. Koyo sell throughout Japan and employ fifty sales…
Business and Investment Fraud Overseas
Business and investment fraud overseas seems to be a growing problem for American businesspeople.
Atlanta, GA, August 31, 2011 - Business and investment fraud overseas seems to be a growing problem for American businesspeople. In addition to all of the scams originating abroad that target American businesses--such as accounts payable and accounts receivable scams--there are many accounts of Americans being ripped off after they do business in foreign countries.
For example many…
