Law Offices of Howard G. Smith announces an investigation on behalf of Bristow Group Inc. investors (Bristow or the Company) (NYSE: BRS) concerning the Company and its officers possible violations of federal securities laws.
On February 11, 2019, the Company disclosed that it did not have adequate monitoring control processes in place related to non-financial covenants within certain of its secured financing and lease agreements. The same day, the Company announced that it had terminated its agreement to purchase Columbia Helicopters, Inc. On this news, the Companys share price fell $1.22 per share, or nearly 40%, to close at $1.84 per share on February 12, 2019, on unusually heavy trading volume.
If you purchased Bristow securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected], or visit our website at www.howardsmithlaw.com.
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