Press release
Investigation announced for Investors in NASDAQ: TELL shares over possible Wrongdoing at Tellurian Inc.
An investigation on behalf of investors in Tellurian Inc. (NASDAQ: TELL) shares over potential wrongdoing at Tellurian Inc.
Investors who purchased shares of Tellurian Inc. (NASDAQ: TELL) 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 Tellurian Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
Houston, TX based Tellurian Inc. engages in the natural gas business worldwide. Tellurian Inc. reported that its annual Total Revenue rose from $28.77 million in 2019 to $37.43 million in 2020, and that its Net Loss increased from $151.76 million in 2019 to $210.69 million in 2020.
On January 20, 2022, Tellurian Inc's Chief Executive Officer ("CEO"), Charif Souki, was sued by Christopher Parker, who invested tens of millions of dollars in the Company. When Parker sought to sell his shares in mid-2019, Souki allegedly induced him to delay selling Tellurian shares by offering to indemnify Parker against any losses through the end of 2020. This agreement was memorialized by text messages. When Parker sought a written agreement extending the term to December 31, 2021 and providing for interest, Souki allegedly agreed to the terms but refused to sign the agreement because Souki omitted the liability in his disclosures to his lenders.
Shares of Tellurian Inc. (NASDAQ: TELL) declined from $4.83 per share in November 2021 to as low as $2.23 per share on January 28, 2022.
Those who purchased shares of Tellurian Inc. (NASDAQ: TELL) have certain options and should contact the Shareholders Foundation.
Contact:
Christopher Clausen
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 NASDAQ: TELL shares over possible Wrongdoing at Tellurian Inc. here
News-ID: 2605484 • Views: …
More Releases from Shareholders Foundation
ALERT: Lawsuit filed for Investors who SOLD shares of Sina Corporation (formerly …
An investor, who sold shares of Sina Corporation (formerly NASDAQ: SINA) in the merger between Seina Corporation and TuSimple Holdings, Inc, filed a lawsuit over alleged violations of Federal Securities Laws by Sina Corporation (formerly NASDAQ: SINA in connection with certain allegedly false and misleading statements made.
If you sold a significant amount of shares of Sina Corporation (formerly NASDAQ: SINA) between October 13, 2020 and March 22, 2021, you have…
Lawsuit Alert: Investors who lost money with shares of Fluor Corporation (NYSE: …
An investor, who purchased shares of Fluor Corporation (NYSE: FLR), filed a lawsuit alleged violations of Federal Securities Laws by Fluor Corporation in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Fluor Corporation (NYSE: FLR) have certain options and for certain investors are short and strict deadlines running. Deadline: November 14, 2025. NYSE: FLR investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779…
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…
More Releases for Tellurian
Spotlight June 2024: NASDAQ Stocks Under $2 Achieving Major Milestones TELL, DYA …
In recent days, a surge of interest has spotlighted several key companies, capturing significant attention from investors. This feature delves into a detailed analysis of five standout firms, offering insights that could prove crucial for investors in the near future.
Tellurian Inc. (NYSE American: TELL) is a US-based independent oil and gas exploration and production company, developing a portfolio of natural gas production. On May 29, 2024, Tellurian and Aethon Energy…
Exploring Top NASDAQ Stocks Under $1 Gaining Traction: KITT, AEMD, VTAK, TELL, K …
The NASDAQ, one of the world's largest stock exchanges, witnesses billions in daily trades across diverse stocks. Among various stock categories, penny stocks trading under $1 a share are particularly noteworthy. This article delves into five such NASDAQ-listed stocks, offering insights and potential investment opportunities.
Nauticus Robotics Inc. (NASDAQ: KITT) reports Q1 2024 Financials: First Commercial Revenue, Significant Turnaround in Net Income" on May 13. This marks the first time Nauticus…
Tellurian Book Production, just announced the launch of their 2024 corporate dia …
The Tellurian printing press has become well known in the Middle East and in the Gulf region for its unique ability to personalize diaries and notebooks extensively, by customizing the cover design by choosing from 200+ PU leather colors and textures, that can be branded with a logo, or by overprinting a customer watermark on every page, the branding possibilities are endless!
2024 Diaries
Corporate Diaries have always been the traditional end…
Investigation announced for Investors in shares of Tellurian Inc. (NASDAQ: TELL)
An investigation was announced concerning potential securities laws violations by Tellurian Inc. in connection with certain financial statements.
Investors who purchased shares of Tellurian Inc. (NASDAQ: TELL), 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 whether a series of statements by Tellurian Inc. regarding its business, its prospects and its operations were materially false and…
Wall Calendar Market to Boost Business Scope with Key Players: American Calendar …
The latest release from HTF MI highlights the key market trends impacting the growth of the Global Wall Calendar market. The study highlights influencing factors that are impacting or reinforcing market environment such as Government Policy, technological changes etc along with key market drivers. The research study forecast Revenue Opportunities and Sales Volume Area taken into consideration the primaries from industry experts and includes relevant data such as (revenue, market…
“State of the LNG industry – LNG Leadership Roundtable sponsored by Cripps S …
Cripps Sears & Partners and Tellurian Investments hosted the 4th edition of their LNG Leadership Roundtable at the end of May 2018. The event is an invitee only roundtable event attended by key senior figures in the LNG industry.
It is representative of the complete LNG value chain including investment firms, project developers (liquefaction and regasification), utilities, trading companies, shipping companies and downstream companies.
The aim of the event, is to…
