Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 2 (3 lettori)

hernan1

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This investigation is for anyone who acquired securities in Bristow Group, Inc. (NYSE: BRS) from February 8, 2018 through February 11, 2019.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law.

Specifically, the Law Offices of Howard G. Smith believes that, during the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company lacked proper controls to prevent it from breaching certain covenants in some of its leases, thereby making its statements regarding its ability to comply with those leases unreasonable, and also making its financial statements misleading because breaching the leases meant having to pay substantial penalties.

On February 11, 2019, the Company disclosed that it “did not have adequate monitoring control processes in place related to non-financial covenants within certain of its secured financing and lease agreements.” The same day, the Company announced that it had terminated its agreement to purchase Columbia Helicopters, Inc. On this news, the price of the Company's stock dropped on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Bristow Group, Inc. (NYSE: BRS) from February 8, 2018 through February 11, 2019 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.
 

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