Cases
Bristow Group Inc. (BRS)
Securities Class Action
Overview
Overview
- Date:
- 2/13/2019
- Company Name:
- Bristow Group Inc.
- Status:
- Closed/Complete
NEW YORK, February 13, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against Bristow Group Inc. (NYSE: BRS). Our investigation concerns whether Bristow has violated the federal securities laws and/or engaged in other unlawful business practices.
On February 11, 2019, the company disclosed that it “did not have adequate monitoring control processes in place related to non-financial covenants within certain of its secured financing and lease agreements.” The same day, the company announced that it had terminated its agreement to purchase Columbia Helicopters, Inc.
On this news, Bristow’s share price fell by nearly 40%, closing at $1.84 on February 12, 2019.
If you purchased or otherwise acquired Bristow shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
On February 11, 2019, the company disclosed that it “did not have adequate monitoring control processes in place related to non-financial covenants within certain of its secured financing and lease agreements.” The same day, the company announced that it had terminated its agreement to purchase Columbia Helicopters, Inc.
On this news, Bristow’s share price fell by nearly 40%, closing at $1.84 on February 12, 2019.
If you purchased or otherwise acquired Bristow shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.