Energy News / Shareholders Foundation, Inc.

NYSE: VAL Investor Alert: Deadline on October 21, 2019 in Lawsuit Against Valaris Plc Coming Up

Via: ReleaseWire

Updated 10:06 AM CDT, Wed, October 16,2019

A Deadline is coming up on October 21, 2019 in the lawsuit for certain investors in Valaris plc (NYSE: VAL) and NYSE: VAL stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 10/16/2019 -- A deadline is coming up on October 21, 2019 in the lawsuit filed for certain investors in NYSE: VAL shares.

Investors who purchased shares of Valaris plc (NYSE: VAL) have certain options and there are strict and short deadlines running. Deadline: October 21, 2019. NYSE: VAL stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges on behalf of purchasers of Valaris plc (NYSE: VAL) common shares between April 11, 2019 and July 31, 2019, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between April 11, 2019 and July 31, 2019, the defendants failed to disclose to investors that the Company was plagued by a weak ultra-deepwater segment, massive cash usage, and significant negative cash flow, that the foregoing was reasonably likely to have a material negative impact on the Company's second quarter 2019 results, that the merger leading to Valaris's establishment could not deliver on its touted benefits, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Valaris plc (NYSE: VAL) 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/nyse-val-investor-alert-deadline-on-october-21-2019-in-lawsuit-against-valaris-plc-coming-up-1262775.htm

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