An investigation for investors in Hoegh LNG Partners LP shares was announced over potential securities laws violations by Hoegh LNG Partners LP.
Investors who purchased shares of Hoegh LNG Partners LP (NYSE:HMLP), 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 Hoegh LNG Partners LP (NYSE:HMLP) concerning whether a series of statements by Hoegh LNG Partners regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On November 11, 2015, Hoegh LNG Partners LP disclosed that its previously reported financial statements for the years ended December 31, 2014 and 2013, each quarter within the year ended December 31, 2014, the quarter ended December 31, 2013 and the quarter ended March 31, 2015 and previously announced results for the quarter ended June 30, 2015 should not be relied upon. Furthermore, Hoegh LNG Partners LP said that the Board of Directors of Höegh LNG Partners concluded that a restatement for such periods is required. Shares of Hoegh LNG Partners LP (NYSE:HMLP) declined from $23.00 per share in May 2015 to as low as $14.95 per share on November 12, 2015, respectively $14.12 per share on November 23, 2015.
On December 4, 2015, NYSE:HMLP shares closed at $14.24 per share.
Those who purchased Hoegh LNG Partners LP shares 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