(Bronstein, Gewirtz & Grossman, LLC, 30.Sep.2020) — Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Golar LNG Limited and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Golar securities between 30 April and 24 September 2020, both dates inclusive (the “Class Period”).
Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/glng.
This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.
The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements that: (1) certain employees, including Hygo’s CEO, had bribed third parties, thereby violating anti-bribery policies; (2) as a result, the company was likely to face regulatory scrutiny and possible penalties; (3) as a result of the foregoing reputational harm, Hygo’s valuation ahead of its IPO would be significantly impaired; and (4) as a result of the foregoing, Defendants’ positive statements about the company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm’s site: www.bgandg.com/glng or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Golar you have until November 23, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.