An investigation for investors in NV5 Global, Inc. (NASDAQ: NVEE) shares over potential securities laws violations by NV5 Global, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 03/25/2019 -- An investigation was announced on behalf of investors of NV5 Global, Inc. (NASDAQ: NVEE) shares over potential securities laws violations by NV5 Global, Inc. (NASDAQ: NVEE) in connection with certain financial statements.
Investors who purchased shares of NV5 Global, Inc. (NASDAQ: NVEE), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by NV5 Global, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Hollywood, FL based NV5 Global, Inc. provides professional and technical engineering and consulting services to public and private sector clients in the infrastructure, energy, construction, real estate, and environmental markets in the United States and internationally. NV5 Global, Inc. reported that its annual Total Revenue rose from $333.03 million in 2017 to $418.08 million in 2018 and that its Net Income increased from $24 million in 2017 to $26.85 million in 2018.
On March 7, 2019, NV5 Global, Inc filed a Form 8-K with the U.S. Securities and Exchange Commission announcing its Q4 and annual financial results. The Company disclosed that it "expects to report a material weakness in its upcoming Annual Report on Form 10-K relating to the initial set up of project contracts and analysis of certain percentage of completion projects."
Shares of NV5 Global, Inc. (NASDAQ: NVEE) declined from $80.75 per share on March 4, 2019 to as low as $51.46 per share on March 8, 2019.
On March 22, 2019, NASDAQ: NVEE shares closed at $58.70 per share.
Those who purchased shares of NV5 Global, Inc. (NASDAQ: NVEE) have certain options and should contact the Shareholders Foundation.
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About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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