mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

On March 3, 2017, 2015, a lawsuit was filed against Babcock & Wilcox Enterprises Inc. over alleged securities laws violations. The plaintiff alleged that the Company was experiencing significant, undisclosed problems in its Renewable segment. The plaintiff claimed that although defendants disclosed issues with a single project in the Renewable business on June 28, 2016, they failed to disclose that similar problems were significantly and negatively impacting other projects in the Company's Renewable segment, instead assuring investors during a business update call that the problems were "a single project issue."

On September 28, 2017, an amended complaint was filed and on November 13, 2017, the defendants filed their motion to dismiss the case. On February 8, 2018, the judge denied the defendants’ motion to dismiss the lawsuit.

On March 15, 2018, Babcock & Wilcox Enterprises Inc. announced that in March 2018, it received a subpoena from the staff of the SEC in connection with an investigation into the accounting charges and related matters involving our Renewable segment in 2016 and 2017.

Those who purchased Babcock & Wilcox Enterprises Inc. (NYSE: BW) shares should contact the Shareholders Foundation, Inc.

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, 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. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

CONTACT:

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

SOURCE: Shareholders Foundation, Inc.

ReleaseID: 496189

"/> Update in Lawsuit for Investors in Shares of Babcock & Wilcox Enterprises Inc, (NYSE: BW) Announced by Shareholders Foundation « MarketersMedia – Press Release Distribution Services – News Release Distribution Services
Great News! MarketersMedia is officially entering into a long-term partnership with Vertical News Network.
Learn More
How It Works? Plans & Pricing Our Distributions Newsroom Info Hub Sign Up Sign In Send Press Release Contact Sales
Contact Sales Sign Up Your Account Send Press Release
MarketersMEDIA / Newsroom / Update in Lawsuit for Investors in Shares of Babcock & Wilcox Enterprises Inc, (NYSE: BW) Announced by Shareholders Foundation

Update in Lawsuit for Investors in Shares of Babcock & Wilcox Enterprises Inc, (NYSE: BW) Announced by Shareholders Foundation

Share This Press Release

SAN DIEGO, CA / ACCESSWIRE / April 16, 2018 / The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain purchasers of NYSE: BW shares.

Investors, who purchased shares of Babcock & Wilcox Enterprises Inc. (NYSE: BW) in 2015 or earlier and continue to hold any of those NYSE: BW shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

On March 3, 2017, 2015, a lawsuit was filed against Babcock & Wilcox Enterprises Inc. over alleged securities laws violations. The plaintiff alleged that the Company was experiencing significant, undisclosed problems in its Renewable segment. The plaintiff claimed that although defendants disclosed issues with a single project in the Renewable business on June 28, 2016, they failed to disclose that similar problems were significantly and negatively impacting other projects in the Company's Renewable segment, instead assuring investors during a business update call that the problems were "a single project issue."

On September 28, 2017, an amended complaint was filed and on November 13, 2017, the defendants filed their motion to dismiss the case. On February 8, 2018, the judge denied the defendants’ motion to dismiss the lawsuit.

On March 15, 2018, Babcock & Wilcox Enterprises Inc. announced that in March 2018, it received a subpoena from the staff of the SEC in connection with an investigation into the accounting charges and related matters involving our Renewable segment in 2016 and 2017.

Those who purchased Babcock & Wilcox Enterprises Inc. (NYSE: BW) shares should contact the Shareholders Foundation, Inc.

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, 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. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

CONTACT:

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

SOURCE: Shareholders Foundation, Inc.

ReleaseID: 496189

SAN DIEGO, CA / ACCESSWIRE / April 16, 2018 / The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain purchasers of NYSE: BW shares.

Investors, who purchased shares of Babcock & Wilcox Enterprises Inc. (NYSE: BW) in 2015 or earlier and continue to hold any of those NYSE: BW shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

On March 3, 2017, 2015, a lawsuit was filed against Babcock & Wilcox Enterprises Inc. over alleged securities laws violations. The plaintiff alleged that the Company was experiencing significant, undisclosed problems in its Renewable segment. The plaintiff claimed that although defendants disclosed issues with a single project in the Renewable business on June 28, 2016, they failed to disclose that similar problems were significantly and negatively impacting other projects in the Company's Renewable segment, instead assuring investors during a business update call that the problems were "a single project issue."

On September 28, 2017, an amended complaint was filed and on November 13, 2017, the defendants filed their motion to dismiss the case. On February 8, 2018, the judge denied the defendants’ motion to dismiss the lawsuit.

On March 15, 2018, Babcock & Wilcox Enterprises Inc. announced that in March 2018, it received a subpoena from the staff of the SEC in connection with an investigation into the accounting charges and related matters involving our Renewable segment in 2016 and 2017.

Those who purchased Babcock & Wilcox Enterprises Inc. (NYSE: BW) shares should contact the Shareholders Foundation, Inc.

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, 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. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

CONTACT:

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

SOURCE: Shareholders Foundation, Inc.

ReleaseID: 496189

Source URL: https://marketersmedia.com/update-in-lawsuit-for-investors-in-shares-of-babcock-wilcox-enterprises-inc-nyse-bw-announced-by-shareholders-foundation/331631

Source: AccessWire

Release ID: 331631

Our Client

Subscribe and Recieve exclusive insider tips and tricks on Press Release.

Follow Us

Copyright © 2012 - 2018 MarketersMedia – Press Release Distribution Services – News Release Distribution Services. All Rights Reserved.

Powered by Semantics BigData Analytics (SBDA).