Contact a Lawyer Now
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until September 30, 2019 to file lead plaintiff applications in securities class action lawsuits against Just Energy Group, Inc. (NYSE: JE).
Just Energy and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On August 19, 2019, following a series of negative prior disclosures, the Company revealed a material weakness in its internal controls and that its allowance for doubtful accounts for FYE March 31, 2019 was understated by $111.2M.
On this news, the price of Just Energy’s shares plummeted.
If you purchased securities of Just Energy and would like to discuss your legal rights and how these cases might affect your right to recover for economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (firstname.lastname@example.org), or fill out the form on this page.
The first-filed case is Goitein v. Just Energy Group Inc., 1:19-cv-07181, with a class period of 11/9/2017 to 7/23/2019. Click here to read this complaint.
Subsequently, White v. Just Energy Group, Inc., 1:19-cv-8236, was filed covering the period of 5/16/2018 to 8/19/2019. Click here to read the subsequent complaint.