RENEWABLE ENERGY GROUP ALERT 134 0 Kommentare Bragar Eagel & Squire, P.C. Is Investigating Renewable Energy Group, Inc. on Behalf of Stockholders and Encourages Investors to Contact the Firm

Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Renewable Energy Group, Inc. (NASDAQ: REGI) on behalf of Renewable Energy stockholders. Our investigation concerns whether Renewable Energy has violated the federal securities laws and/or engaged in other unlawful business practices.

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On June 23, 2020, Renewable Energy issued a press release “announc[ing] that the Company’s second quarter 2020 Adjusted EBITDA is expected to be between negative $12 million and negative $2 million,” down sharply from the range of $20 million to $35 million that the Company had previously announced on April 30, 2020. Explaining its significantly revised outlook, Renewable Energy advised investors that “[t]he guidance model used in connection with the previous estimate contained inadvertent calculation errors, which on their own would have resulted in a significant reduction in the Company’s previous Adjusted EBITDA estimate.”

On this news, Renewable Energy’s stock price fell $5.85 per share, or 20.47%, to close at $22.73 per share on June 24, 2020.

If you purchased or otherwise acquired Renewable Energy shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato or Marion Passmore by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.

About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.