SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bristow Group, Inc. – BRS
NEW YORK, March 15, 2019 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Bristow Group, Inc. (“Bristow” or the “Company”) (NYSE: BRS). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.
The investigation concerns whether Bristow and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On February 11, 2019, after the market closed, Bristow filed a Form 8-K with the U.S. Securities and Exchange Commission (“SEC”) disclosing that the Company .
Then, on February 12, 2019, Bristow filed a Form 8-K with the SEC announcing that: (i) Bristow had terminated its agreement to purchase Columbia Helicopters, Inc.; and (ii) Jonathan E. Baliff would retire as Bristow’s Chief Executive Officer and would resign from the Board of Directors, effective February 28, 2019. On this news, Bristow’s stock price fell $0.64 per share, or nearly 35%, to close at $1.20 per share on February.