SHAREHOLDER ALERT: The Law Offices of Vincent Wong Remind Investors of Class Action Involving Abengoa, S.A. and a Lead Plaint...
03 October 2015 - 6:09AM
The Law Offices of Vincent Wong announce that a class action
lawsuit has been commenced in the USDC for the Southern District of
New York on behalf of investors who purchased Abengoa, S.A.
(NASDAQ:ABGB) securities between October 13, 2013 and August 2,
2015.
Click here to learn about the case:
http://docs.wongesq.com/MDCA-Info-Request-Form-865.
There is no cost or obligation to you.
The Complaint alleges that Abengoa and certain of its former and
current executive officers and directors have misrepresented the
liquidity of the Company's balance sheet.
On July 31, 2015, the Company announced it would lower its free
cash flow guidance and a plan to divest itself of 400 million euros
in assets. Despite this statement, Defendant Santiago Seage
maintained that "the company has no plan to…tap the capital markets
in any manner." Then on August 3, 2015, contrary to this statement,
Abengoa announced a share issuance plan to raise 650 million euros,
along with an asset divestiture totaling 500 million euros. Upon
this news, Abengoa shares plunged over $5 per share, or 46% to a
close of just $6.00 on August 4, 2015.
If you suffered a loss in Abengoa you have until October
9, 2015 to request that the Court appoint you as lead
plaintiff. Your ability to share in any recovery doesn't require
that you serve as a lead plaintiff. To obtain additional
information, contact Vincent Wong, Esq. either via email
vw@wongesq.com, by telephone at 212.425.1140, or visit
http://docs.wongesq.com/MDCA-Info-Request-Form-865.
Vincent Wong, Esq. is an experienced attorney that has
represented investors in securities litigations involving financial
fraud and violations of shareholder rights. Attorney advertising.
Prior results do not guarantee similar outcomes.
CONTACT: Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com