Helix Energy Solutions Group Inc

0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS

Case Summary
Company Name: Helix Energy Solutions Group Inc
Stock Symbol : (NYSE: HLX)
Class Period Start: 10/21/2014
Class Period End: 07/21/2015
Lead Plaintiff motion: 09/29/2015
Date Filed: 07/31/2015
Type of Case: Securities Class Action
Court: U.S. District Court for the Southern District of Texas
Summary:

Thieler Law Corp advises investors with losses exceeding $100,000 of the September 29, 2015 lead plaintiff deadline in a class action lawsuit filed against Helix Energy Solutions Group Inc (NYSE: HLX) (“Helix Energy” or “the Company”). The suit is pending in the U.S. District Court for the Southern District of Texas and investors, who purchased Helix Energy securities between October 21, 2014 and July 21, 2015, have until September 29, 2015 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Helix Energy securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 866-6157 or emailing mail@thielerlaw.com .  No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose material information about Helix Energy.

During an October 21, 2014 earnings call CEO Owen Kratz stated that the Q4000 vessel would be out of dry dock for approximately "45 days and the H534 for about 30 days." Then on July 20, 2015, the Company announced disappointing financial results for the second quarter of 2015. In the Company's Form 10-Q filed two days later, Helix disclosed the Q4000 was in dry dock for 75 of the 91 days in the second quarter, and that the H534 was utilized for 50 days of that quarter.

After the release of this news, NYSE: HLX stock dropped nearly 17% to close at $9.40 per share on July 21, 2015.

If you were negatively impacted by your investment in Helix Energy securities between October 21, 2014 and July 21, 2015and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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