Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Ormat Technologies Inc (NYSE: ORA) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Ormat Technologies Inc (NYSE: ORA) concerning whether a series of statements by Ormat Technologies Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On May 16, 2018, the Company revealed that it will restate its financial statements for the second, third, and fourth quarter of 2017, along with its full-year 2017 financials. In addition, the Company revealed that investors should not rely on earnings releases and other communications from the Company based on or related to these financial statements. The Company added that it will further delay the filing with the SEC of its Form 10-Q for the first quarter of 2018.
Following this news, NYSE: ORA fell, thereby injuring investors.
Based in Reno, Nevada, and founded in 1965 Ormat Technologies Inc engages in the geothermal and recovered energy power business worldwide.
If you purchased shares of Ormat Technologies Inc (NYSE: ORA) on or before May 16, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
Thieler Law Corp
2534 State Street - Suite 406,
San Diego, CA 92101
by
email: mail@thielerlaw.com
or
telephone at +1 (619) 377 - 4324
or
visit our website http://www.thielerlaw.com/
or
Facsimile: +1 (619) 785 – 3185