Investigation announced for Investors in shares of XPLR Infrastructure, LP (NYSE: XIFR) over possible Wrongdoing

An investigation was announced for long-term investors in shares of XPLR Infrastructure, LP (NYSE: XIFR) concerning potential breaches of fiduciary duties by certain directors of XPLR Infrastructure, LP.

Investors who are current long term investors in XPLR Infrastructure, LP (NYSE: XIFR) 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: XIFR stocks follows a lawsuit filed against XPLR Infrastructure, LP over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: XIFR stocks, concerns whether certain XPLR Infrastructure, LP 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 Southern District of Florida the plaintiff alleges that, the Defendants made false and/or misleading statements and/or failed to disclose that XPLR was struggling to maintain its operations as a yieldco, that the Defendants temporarily relieved this issue by entering into CEPF arrangements while downplaying the attendant risks, that XPLR could not buy out CEPFs before their maturity date without risking significant unitholder dilution, that as a result, Defendants planned to halt cash distributions to investors and instead redirect those funds to, inter alia, buy out the Company's CEPFs, that as a result of all the foregoing, XPLR's yieldco business model and distribution growth rate was unsustainable, and that as a result, Defendants' public statements were materially false and misleading at all relevant times.

Those who purchased shares of XPLR Infrastructure, LP (NYSE: XIFR) 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.