SHAREHOLDER ALERT: The Law Offices of Vincent Wong Notifies Investors of Class Action Lawsuit Involving Teekay Corp. & a Lead...
April 15 2016 - 1:00PM
Business Wire
The Law Offices of Vincent Wong announce that a class action
lawsuit has been commenced in the USDC for the District of
Connecticut on behalf of investors who purchased Teekay Corporation
(NYSE: TK) securities between June 30, 2015 and December 17,
2015.
Click here to learn about the case:
http://www.wongesq.com/pslra/teekay-corporation. There is no
cost or obligation to you.
The complaint alleges that throughout the Class Period,
Defendants issued false and misleading statements to investors
and/or failed to disclose that: (1) Teekay’s repeated assurances
that it would maintain a quarterly dividend of at least $0.55 per
share were baseless; (2) Teekay knew, based on then-present facts,
that it could not support future dividend payments in excess of
$0.55 per share; and (3) the cash flows from Teekay’s master
limited partnerships – Teekay LNG Partners LP and Teekay Offshore
Partners LP – could not possibly sustain such high dividends.
If you suffered a loss in Teekay you have until May 2, 2016 to
request that the Court appoint you as lead plaintiff. Your ability
to share in any recovery doesn’t require that you serve as a lead
plaintiff. To obtain additional information, contact Vincent Wong,
Esq. either via email vw@wongesq.com, by telephone at 212.425.1140,
or visit
http://www.wongesq.com/pslra/teekay-corporation.
Vincent Wong, Esq. is an experienced attorney that has
represented investors in securities litigations involving financial
fraud and violations of shareholder rights. Attorney advertising.
Prior results do not guarantee similar outcomes.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160415005702/en/
The Law Offices of Vincent WongVincent Wong, Esq.,
212-425-1140Fax: 866-699-3880vw@wongesq.com
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