Thieler Law Corp advises investors with losses exceeding $100,000 of the August 06, 2019 lead plaintiff deadline in a class action lawsuit filed against Mammoth Energy Services Inc (NASDAQ: TUSK) (“Mammoth” or “the Company”). The suit is pending in the U.S. District Court for the Western District of Oklahoma and investors, who purchased Mammoth Energy Services Inc securities between October 19, 2017 and June 05, 2019, have until August 06, 2019 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Mammoth Energy Services Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 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 that Mammoth's subsidiary, Cobra, improperly obtained two infrastructure contracts with PREPA that totaled over $1.8 billion; specifically, the contracts were awarded as the result of improper steering and not a competitive RFP process; and as a result, Defendants' statements about Mammoth's business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

On May 24, 2019, the Wall Street Journal published a article claiming that a FEMA official involved in the reconstruction of Puerto Rico following Hurricane Maria is under investigation for directing electrical grid work contracts to a Mammoth Energy subsidiary, worth up to $900 million and $945 million each.

Following this news, NASDAQ: TUSK fell $0.50 per share or over 4% to close at $11.74 on May 24, 2019.

If you were negatively impacted by your investment in Mammoth Energy Services Inc securities between October 19, 2017 and June 05, 2019 and 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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