SHAREHOLDER ALERT: Lundin Law PC Announces Securities Class Action Lawsuit Against Teekay Corp. & Reminds Investors with Loss...
April 04 2016 - 6:30AM
Business Wire
Lundin Law PC announces a class action lawsuit has been filed
against Teekay Corporation (“Teekay” or the “Company”) (NYSE: TK)
concerning possible violations of federal securities laws between
June 30, 2015 and December 17, 2015. Investors who purchased or
otherwise acquired shares during the Class Period should contact
the Firm in advance of the May 2, 2016, lead plaintiff motion
deadline.
For more information or to participate, please contact Brian
Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via e-mail
at brian@lundinlawpc.com.
No class has been certified in the above action. Until a class
is certified, you are not considered represented by an attorney.
You may also choose to do nothing and be an absent class
member.
According to the complaint, the Company 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; and (2) Teekay
was aware that it could not support future dividend payments in
excess of $0.55 per share.
Lundin Law PC was created by Brian Lundin, a securities
litigator based in Los Angeles.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160404005520/en/
Lundin Law PCBrian Lundin, Esq.Telephone: 888-713-1033Facsimile:
888-713-1125brian@lundinlaw.com
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