ORION GROUP SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Orion Group Holdings, Inc. - ORN
NEW ORLEANS, April 26, 2019 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until June 10, 2019 to file lead plaintiff applications in a securities class action lawsuit against Orion Group Holdings, Inc. (NYSE: ORN), if they purchased the Company’s securities between March 13, 2018 and March 26, 2019, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of Texas.
Get Help
Orion Group investors should visit us at https://www.claimsfiler.com/cases/view-orion-group-holdings-inc-securities-litigation or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.
About the Lawsuit
Orion and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On March 26, 2019, the Company disclosed a 4Q 2018 net loss of $94.4 million due to certain non-cash charges, including a goodwill impairment charge of $69.5 million. On this news, the price of Orion’s shares fell, injuring investors.
The case is Heck v. Orion Group Holdings, Inc., 4:19-cv-01337.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
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