The Shareholders Foundation announces that an investigation on behalf of investors of CHC Group Ltd (NYSE:HELI) shares was initiated over potential securities laws violations by CHC Group and certain of its directors and officers.
Investors who purchased shares of CHC Group Ltd (NYSE:HELI) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of CHC Group Ltd (NYSE:HELI) concerning whether a series of statements by CHC Group regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On July 10, 2014, CHC Group Ltd announced that “starting in April of 2013, Petrobras stopped making payments on contracts to CHC Group and other operators of 225[] [helicopters] in Brazil until overwater flights with those aircraft resumed.” Shares of CHC Group Ltd (NYSE:HELI) declined from $9.80 per share in late January 2014 to as low as$1.09 per share on March 17, 2015.
On March 20, 2015, NYSE:HELI shares closed at $1.30 per share.
Those who purchased shares of CHC Group Ltd (NYSE:HELI) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com