The Shareholders Foundation announces that an investigation on behalf of investors of Goldfield Corp (NYSEMKT:GV) shares was initiated over potential securities laws violations by Goldfield Corp and certain of its directors and officers.
Investors who purchased shares of Goldfield Corp (NYSEMKT:GV) 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 Goldfield Corp (NYSEMKT:GV) concerning whether a series of statements by Goldfield Corp regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On May 15, 2015, Goldfield Corp announced its first quarter 2015 results. Goldfield Corp reported that its revenue for the three months ended March 31, 2015, increased 39.3% to $30.5 million from $21.9 million in the comparable prior year period while its net loss for the three months ended March 31, 2015, was $(846,000), or $(0.03) loss per share, compared to net income of $335,000, or $0.01 per share in the comparable prior year period. Shares of Goldfield Corp (NYSEMKT:GV) declined on May 15, 2015, to $1.40 per share, respectively $1.20 per share on May 19, 2015.
On June 1, 2015, NYSEMKT:GV shares closed at $1.41 per share.
Those who purchased shares of Goldfield Corp (NYSEMKT:GV) 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