checkAd

    SHAREHOLDER ALERT  420  0 Kommentare Kaskela Law LLC Announces Investigation of Ormat Technologies Inc. on Behalf of Investors

    Kaskela Law LLC is investigating Ormat Technologies Inc. (NYSE: ORA) (“Ormat” or the “Company”) on behalf of the Company’s investors.

    Ormat investors are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esquire) at (484) 258 – 1585 or (888) 715 – 1740, or via email at skaskela@kaskelalaw.com, to discuss this investigation and their legal rights and options. Additional information about this investigation may also be found at www.kaskelalaw.com/case/ormat.

    Anzeige 
    Handeln Sie Ihre Einschätzung zu Ormat Technology!
    Long
    62,24€
    Basispreis
    0,43
    Ask
    × 11,62
    Hebel
    Short
    70,25€
    Basispreis
    0,43
    Ask
    × 11,39
    Hebel
    Präsentiert von

    Den Basisprospekt sowie die Endgültigen Bedingungen und die Basisinformationsblätter erhalten Sie bei Klick auf das Disclaimer Dokument. Beachten Sie auch die weiteren Hinweise zu dieser Werbung.

    On May 11, 2018, Ormat reported to the U.S. Securities and Exchange Commission (“SEC”) that it was “not able to file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2018 (the ‘Q1 Form 10-Q’) within the prescribed time period” because management had “identified an error in the Company’s financial statement presentation of deferred income tax assets and deferred income tax liabilities that affects the Company’s balance sheets in previous reporting periods.” Following this news, shares of the Company’s stock fell $3.42 per share, or over 6%, to close on May 14, 2018 at $52.77, on heavy trading volume.

    Then, on May 16, 2018, Ormat disclosed that it would “restate its second, third and fourth quarter 2017 financial statements and its full-year 2017 financial statements.” Additionally, Ormat cautioned that “investors should no longer rely upon the Company's previously issued financial statements for the periods set forth above, earnings releases for these periods, and other communications relating to these financial statements.”

    Ormat investors are encouraged to contact Kaskela Law LLC to discuss this investigation and their legal rights and options. Kaskela Law LLC exclusively represents investors in state and federal courts throughout the country. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com. This notice may constitute attorney advertising in certain jurisdictions.



    Business Wire (engl.)
    0 Follower
    Autor folgen

    SHAREHOLDER ALERT Kaskela Law LLC Announces Investigation of Ormat Technologies Inc. on Behalf of Investors Kaskela Law LLC is investigating Ormat Technologies Inc. (NYSE: ORA) (“Ormat” or the “Company”) on behalf of the Company’s investors. Ormat investors are encouraged to contact Kaskela Law LLC (D. Seamus …