INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims against Bristow Group Inc.
NEW YORK--(BUSINESS WIRE)--Feb 14, 2019--The law firm of Kirby McInerney LLP is investigating potential claims against Bristow Group Inc. (“Bristow” or the “Company”) (NYSE: BRS ). This investigation concerns whether Bristow has violated federal securities laws and/or engaged in other unlawful business practices.
On February 11, 2019, Bristow 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 $1.22 per share or approximately 39.8%, to close at $1.84 on February 12, 2019.
If you acquired Bristow securities, have information, or would like to learn more about these claims, please contact Thomas W. Elrod of Kirby McInerney LLP at 212-371-6600, by email at firstname.lastname@example.org, or by filling out this contact form, to discuss your rights or interests with respect to these matters without any cost to you.
Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, and whistleblower litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website: www.kmllp.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/20190214005956/en/
CONTACT: Kirby McInerney LLP
Thomas W. Elrod, Esq., (212) 371-6600
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Kirby McInerney LLP
Copyright Business Wire 2019.
PUB: 02/14/2019 07:00 PM/DISC: 02/14/2019 07:01 PM