The investigation focuses on whether Covia issued misleading and/or false statements and/or failed to disclose information pertinent to investors. In a 10-Q Quarterly Report released on May 9, 2019, Covia revealed that it was the subject of an SEC subpoena that was issued on March 18, 2019. The SEC was “seeking information relating to certain value-added proppants marketed and sold by Fairmount Santrol or Covia within the Energy segment.” On November 6, 2019, in a second 10-Q Quarterly Report issued by Covia, it was revealed that the SEC had “requested additional information and subpoenaed certain current and former employees to testify.” Based on the facts revealed by these 10-Q filings, shares of Covia fell.
Covia Holdings Corporation
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to info@portnoylaw.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 info@portnoylaw.com.
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The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
CONTACT:
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
www.portnoylaw.com
Office: 310.692.8883
1800 Century Park East, Suite 600
Los Angeles, CA 90067
info@portnoylaw.com
