Energy News / Shareholders Foundation, Inc.

NASDAQ:TUSK Investor Alert: On August 6, 2019 Deadline in Lawsuit Against Mammoth Energy Services, Inc.

Via: ReleaseWire

Updated 11:00 AM CDT, Tue, August 06,2019

A Deadline is coming up on August 6, 2019 in the lawsuit for certain investors in Mammoth Energy Services, Inc. (NASDAQ: TUSK) and NASDAQ: TUSK stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 08/06/2019 -- A deadline is coming up on August 6, 2019in the lawsuit filed for certain investors of Mammoth Energy Services, Inc. (NASDAQ: TUSK).

Investors who purchased shares of Mammoth Energy Services, Inc. (NASDAQ: TUSK) have certain options and there are strict and short deadlines running. Deadline: August 6, 2019. NASDAQ: TUSK stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges on behalf of purchasers of Mammoth Energy Services, Inc. (NASDAQ: TUSK) common shares between October 19, 2017 through June 5, 2019, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between October 19, 2017 through June 5, 2019, the defendants made false and/or misleading statements and/or failed to disclose that Mammoth's subsidiary, Cobra, improperly obtained two infrastructure contracts with PREPA that totaled over $1.8 billion, that specifically, the contracts were awarded as the result of improper steering and not a competitive RFP process, and thatas a result, Defendants' statements about Mammoth's business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Those who purchased shares of Mammoth Energy Services, Inc. (NASDAQ: TUSK) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

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.

For more information on this press release visit:
http://www.sbwire.com/press-releases/nasdaqtusk-investor-alert-on-august-6-2019-deadline-in-lawsuit-against-mammoth-energy-services-inc-1253362.htm

Media Relations Contact
Michael Daniels
1-858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com