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NEW YORK, NY / ACCESSWIRE / August 27, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.
ERII Shareholders Click Here: https://www.zlk.com/pslra-1/energy-recovery-inc-loss-submission-form?prid=8886&wire=1
COG Shareholders Click Here: https://www.zlk.com/pslra-1/cabot-oil-gas-corporation-information-request-form?prid=8886&wire=1
VXRT Shareholders Click Here: https://www.zlk.com/pslra-1/vaxart-inc-information-request-form-2?prid=8886&wire=1
* ADDITIONAL INFORMATION BELOW *
Energy Recovery, Inc. (NASDAQ:ERII)
ERII Lawsuit on behalf of: investors who purchased August 2, 2017 - June 29, 2020
Lead Plaintiff Deadline: September 21, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/energy-recovery-inc-loss-submission-form?prid=8886&wire=1
According to the filed complaint, during the class period, Energy Recovery, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) the Company had different strategic perspectives regarding commercialization of the Company's VorTeq technology than Schlumberger Technology Corp., which had exclusive rights to the use of VorTeq (ii) these differences created substantial risk of early termination of the Company's exclusive licensing agreement with Schlumberger; (iii) accordingly, the revenue guidance and expectations of future license revenue was false and lacked reasonable basis; and (iv) as a result, Defendants' public statements were materially false and misleading at all relevant times or lacked a reasonable basis and omitted material facts.
Cabot Oil & Gas Corporation (NYSE:COG)
COG Lawsuit on behalf of: investors who purchased October 23, 2015 - June 12, 2020
Lead Plaintiff Deadline: October 13, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/cabot-oil-gas-corporation-information-request-form?prid=8886&wire=1
According to the filed complaint, during the class period, Cabot Oil & Gas Corporation made materially false and/or misleading statements and/or failed to disclose that: (i) Cabot had inadequate environmental controls and procedures and/or failed to properly mitigate known issues related to those controls and procedures; (ii) as a result, Cabot, among other issues, failed to fix faulty gas wells, thereby polluting Pennsylvania's water supplies through stray gas migration; (iii) the foregoing was foreseeably likely to subject Cabot to increased governmental scrutiny and enforcement, as well as increased reputational and financial harm; (iv) Cabot continually downplayed its potential civil and/or criminal liabilities with respect to such environmental matters; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.