Energy News / Shareholders Foundation, Inc.

NYSE:NI Shareholder Notice: Investigation over Possible Securities Laws Violations by NiSource Inc

Via: ReleaseWire

Updated 12:15 PM CDT, Tue, October 02,2018

An investigation for investors in NiSource Inc. (NYSE: NI) shares over potential securities laws violations by NiSource Inc. was announced.

San Diego, CA -- (SBWIRE) -- 10/02/2018 -- NiSource Inc. (NYSE: NI) is under investigation over potential securities laws violations s in connection with certain financial statements.

Investors who purchased shares of NiSource Inc. (NYSE: NI), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of NiSource Inc. (NYSE: NI) concerning whether certain statements by NiSource Inc. (NYSE: NI regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Merrillville, IN based NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. NiSource Inc. reported that its annual Total Revenue rose from over $4.49 billion in 2016 to over $4,87 billion in 2017 and that its Net Income declined from $331.5 million in 2016 to $128.5 million in 2017.

On September 13, 2018, dozens of gas pipe explosions occurred in the Merrimack Valley in Massachusetts causing several injuries and one death. Shares of NiSource Inc. (NYSE: NI) declined on September 14, 2018 to $24.68 per share.

Those who purchased shares of NiSource Inc. (NYSE: NI) 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

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/nyseni-shareholder-notice-investigation-over-possible-securities-laws-violations-by-nisource-inc-1057358.htm

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