According to the lawsuit, throughout the Class Period defendants made misleading and/or false statements and/or failed to disclose that: (1) Cabot’s environmental controls and procedures were inadequate and/or failed to properly mitigate known issues related to those procedures and controls; (2) as a result, Cabot, among other issues, failed to fix faulty gas wells, thereby polluting Pennsylvania’s water supplies through stray gas migration; (3) the foregoing was foreseeably likely to subject Cabot to increased governmental enforcement and scrutiny, as well as increased financial and reputational harm; (4) Cabot continually downplayed its potential criminal and/or civil liabilities with respect to such environmental matters; and (5) as a result, the company’s public statements were materially misleading and false at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
Cabot Oil & Gas Corporation
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to email@example.com.
There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.
We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at firstname.lastname@example.org.
If you choose to take no action, you can remain an absent class member.
Joining the case through the Portnoy Law website enables investors to learn about their legal claims and take an active role in recovering their losses.
The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
8240 Beverly Blvd., Suite 9
Los Angeles, CA 90048