SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Hannon Armstrong Sustainable Infrastructure Capital, Inc. - HASI
NEW YORK, Oct. 19, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Hannon Armstrong Sustainable Infrastructure Capital, Inc. ("Hannon" or the "Company") (NYSE: HASI). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.
The investigation concerns whether Hannon and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On October 5, 2022, Carson Block, principal of Muddy Waters, asserted in the Financial Times that Hannon's accounting is "so complex and misleading that its financial statements are effectively meaningless" and that the Company is a prime example of how public market incentives can warp a company into relentlessly destroying value to feed a Wall Street growth narrative."
On this news, Hannon's stock price fell $2.35 per share, or 7.43%, to close at $29.28 per share on October 5, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
[email protected]
888-476-6529 ext. 7980
SOURCE Pomerantz LLP
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