TMCnet News
Morganti & Co. Reminds Canadian Based Investors That Just Energy Group, Inc. Concedes to Accounting Errors and Sacks the Chief Executive OfficerMorganti & Co., P.C., a cross border shareholder's rights law firm, reminds Canadian based investors that the ongoing shareholder class action lawsuit against Just Energy Group, Inc. ("JE"), seeking to recover money resulting from the drop in share price on July 23, 2019, excludes Canadian share investors. On July 23, 2019, JE announced that it identified accounting errors with its customers and non-payment issues, primarily in Texas, going back twelve (12) months, that would result in a C$45 to C$50 million impairment. JE then announced that Patrick McCullough resigned, effective immediately. JE intentionally omitted the material facts that justified the removal from investors. Investors that purchased JE's securities outside of the United States,may have an opportunity to recover their financial losses. Investors are encouraged to contact Morganti & Co. to register their interest and determine their financial losses, if any. Investors will not be charged for this service. About Morganti & Co. You may learn more about Morganti & Co. online at www.morgantico.com. Since June 1999, Mr. Morganti has represented investors and is licensed to provide legal opinions about the Ontario Securities Act and the U.S. federal securities laws. You may contact Morganti & Co. at (647) 344-1900 or by email at [email protected] for further information. This press release may be considered attorney advertising in some jurisdictions under the applicable law and ethical rules. View source version on businesswire.com: https://www.businesswire.com/news/home/20190812005469/en/ |
