LAWSUITS FILED AGAINST COG, POR and ACB - Jakubowitz Law Pursues Shareholders Claims

NEW YORK, NY / ACCESSWIRE / October 7, 2020 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below. Shareholders interested in representing the class of wronged shareholders have until the lead plaintiff deadline to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. For more details and to speak with our firm without cost or obligation, follow the links below.

Cabot Oil & Gas Corporation (NYSE:COG)

CONTACT JAKUBOWITZ ABOUT COG:
https://claimyourloss.com/securities/cabot-oil-gas-corporation-loss-submission-form/?id=9888&from=1

Class Period : October 23, 2015 - June 12, 2020

Lead Plaintiff Deadline : October 13, 2020

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) Cabot had inadequate environmental controls and procedures and/or failed to properly mitigate known issues related to those controls and procedures; (ii) as a result, Cabot, among other issues, failed to fix faulty gas wells, thereby polluting Pennsylvania's water supplies through stray gas migration; (iii) the foregoing was foreseeably likely to subject Cabot to increased governmental scrutiny and enforcement, as well as increased reputational and financial harm; (iv) Cabot continually downplayed its potential civil and/or criminal liabilities with respect to such environmental matters; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.

Portland General Electric Company (NYSE:POR)

CONTACT JAKUBOWITZ ABOUT POR:
https://claimyourloss.com/securities/portland-general-electric-company-loss-submission-form/?id=9888&from=1

Class Period : April 24, 2020 - August 24, 2020

Lead Plaintiff Deadline : November 2, 2020

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) PGE lacked effective internal controls over its energy trading practices; (2) PGE personnel had entered energy trades during 2020, with increasing volume accumulating late in the second quarter and into the third quarter, that created significant negative financial exposure for PGE; (3)as a result, the Company was reasonably likely to incur significant losses; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Aurora Cannabis Inc. (NYSE:ACB)

CONTACT JAKUBOWITZ ABOUT ACB:
https://claimyourloss.com/securities/aurora-cannabis-inc-loss-submission-form/?id=9888&from=1

Class Period : February 13, 2020 - September 4, 2020

Lead Plaintiff Deadline : December 1, 2020

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) Aurora had significantly overpaid for previous acquisitions and experienced degradation in certain assets, including its production facilities and inventory; (ii) the Company's purported "business transformation plan" and cost reset failed to mitigate the foregoing issues; (iii) accordingly, it was foreseeable that the Company would record significant goodwill and asset impairment charges; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887

SOURCE: Jakubowitz Law



View source version on accesswire.com:
https://www.accesswire.com/609585/LAWSUITS-FILED-AGAINST-COG-POR-and-ACB--Jakubowitz-Law-Pursues-Shareholders-Claims

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