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Mammoth Energy (NASDAQ: TUSK)

Securities Class Action

  • Date:
  • 10/4/2019
  • Company Name:
  • Mammoth Energy Services, Inc.
  • Stock Symbol:
  • TUSK

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NEW YORK, March 18, 2020 – Bragar Eagel & Squire, P.C. is investigating certain officers and directors of Mammoth Energy Services, Inc.  (NASDAQ: TUSK) on behalf of long-term stockholders. Our investigation follows a class action complaint that was filed against Mammoth Energy on June 7, 2019.

The complaint alleges that throughout the class period defendants made false and/or misleading statements and/or failed to disclose that: (1) Mammoth’s subsidiary, Cobra, improperly obtained two infrastructure contracts with PREPA that totaled over $1.8 billion; (2) specifically, the contracts were awarded as the result of improper steering and not a competitive RFP process; and (3) as a result, defendants statements about Mammoth’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

If you are a long-term stockholder of Mammoth Energy 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 or Marion Passmore 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.
The individual or institution below (“Plaintiff”) has reviewed and agrees to the Bragar Eagel & Squire, P.C. (“BESPC”) retainer agreement and authorizes BESPC to prosecute an action on Plaintiff’s behalf under the federal securities laws or applicable state laws to recover damages on behalf of investors in Mammoth Energy Services. BESPC will prosecute the action on a full contingency basis and will forward all costs and expenses.
 

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