INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of Orion Group Holdings, Inc. Investors (ORN)
BENSALEM, Pa.--(BUSINESS WIRE)--Mar 28, 2019--Law Offices of Howard G. Smith announces an investigation on behalf of Orion Group Holdings, Inc. investors (“Orion” or the “Company”) (NYSE: ORN ) concerning the Company and its officers’ possible violations of federal securities laws.
On March 18, 2019, Orion announced that it would not file its annual report with the SEC on time due to “extended evaluations of goodwill impairment testing and income tax adjustments, among other things.” The Company also announced that it “expects that a significant change in results of operations from the corresponding period for the last fiscal year will be reflected in its financial statements.”
On this news, Orion’s share price fell $0.52, or 12.3%, to close at $3.72 on March 19, 2019, thereby injuring investors.
If you purchased Orion securities, have information or 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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to email@example.com, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com:https://www.businesswire.com/news/home/20190328005134/en/
CONTACT: Law Offices of Howard G. Smith
Howard G. Smith, Esquire
KEYWORD: UNITED STATES NORTH AMERICA PENNSYLVANIA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Law Offices of Howard G. Smith
Copyright Business Wire 2019.
PUB: 03/28/2019 08:00 AM/DISC: 03/28/2019 08:00 AM