Morganti & Co., P.C., a cross border shareholder’s rights law firm, is representing investors in a shareholder class action lawsuit against Just Energy Group Corp. (TSX:JE) (“JE” or “Just Energy”) seeking to recover money resulting from the drop in share price on July 23, August 5, and August 15, 2019.
Despite the Company’s repeated representations of material fact, however, in a series of Public Corrective Disclosures (i.e., “storm warnings”) released between July 23 through August 15, 2019 (the “Public Corrective Disclosures”), JE revealed that:
The Public Corrective Disclosures had the foreseeable effect of removing the artificial inflation in the Company’s stock price that had resulted from the aforementioned misrepresentations by dropping over 60% in price and value.
Investors that purchased JE’s securities between May 31, 2018 and August 15, 2019 (the “Class Period”), may have an opportunity to recover their financial losses. Investors are encouraged to contact Morganti & Co. to register their interest and determine their financial losses, if any. Investors will not be charged for this service.
About Morganti & Co.
You may learn more about Morganti & Co. online at www.morgantico.com. Since June 1999, Mr. Morganti has represented investors and is licensed to provide legal opinions about the Ontario Securities Act and the U.S. federal securities laws.
You may contact Morganti & Co. at (647) 344-1900 or by email at [email protected] for further information. This press release may be considered attorney advertising in some jurisdictions under the applicable law and ethical rules.
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Morganti & Co.
Toronto + Detroit
Andrew Morganti, (248) 787-6078
[email protected]