Block & Leviton Reminds Investors of Upcoming Deadline In Shareholder Litigation Against Abengoa SA. and Certain of Its Officers and Directors
BOSTON, Oct. 1, 2015 /PRNewswire/ -- Block & Leviton LLP (www.blockesq.com), a securities litigation firm representing investors nationwide, reminds investors of the upcoming deadline in the pending securities litigation against Abengoa SA ("Abengoa" or the "Company") (NASDAQ: ABGB) and three of its current or former officers, one of whom is also a member of its board of directors. Shareholders have until Friday, October 9, 2015, to seek appointment as lead plaintiff in this action. If you are interested in the lawsuit or in becoming a lead plaintiff, please contact attorney Steven P. Harte, at (617) 398-5600 or email him at [email protected].
A class action complaint was initially filed against the Company on August 10, 2015, and Block & Leviton LLP filed an expanded action on September 3, 2015 against Abengoa, following the firm's investigation into alleged wrongdoing at the Company. The suits allege violations of the Securities Exchange Act of 1934 and are currently pending in the United States District Court for the Southern District of New York. The litigation has been brought on behalf of all investors who purchased or otherwise acquired Abengoa's securities (the "Class") between October 13, 2013 and August 2, 2015 (the "Class Period").
The Complaints allege that, throughout the Class Period, defendants made false and misleading statements and failed to fully disclose material information with regard to the true state of Abengoa's financial affairs and that the Company misrepresented its liquidity. This news caused Abengoa's share price to drop substantially, harming investors.
Plaintiffs seek to recover damages on behalf of all Class members. If you are a shareholder who purchased securities of Abengoa on NASDAQ during the Class Period, you only have until October 9, 2015 to seek appointment as a lead plaintiff in this action. This deadline is mandated by federal law and cannot be extended. If you purchased Abengoa securities during the Class Period, you need not take any action at this time and you will remain a member of the class or you may retain counsel of your own choosing, if you so desire.
This notice may constitute attorney advertising.
Contact:
BLOCK & LEVITON LLP
155 Federal St
Boston MA
Steven P. Harte, Esq.
(617) 398-5600
[email protected]
SOURCE Block & Leviton LLP
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