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Bullboard - Stock Discussion Forum Petroteq Energy Inc V.PQE.H

Alternate Symbol(s):  PQEFF

Petroteq Energy Inc. is a clean technology company. The Company is focused on the development, implementation and licensing of a patented, environmentally safe and sustainable technology for the extraction and reclamation of heavy oil and bitumen from oil sands and mineable oil deposits. The Company's subsidiary, Petroteq Energy CA Inc. (PCA), is engaged in the business of exploring for... see more

TSXV:PQE.H - Post Discussion

Petroteq Energy Inc > Shareholder Rights
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Post by Malpeque2 on Sep 01, 2022 10:12am

Shareholder Rights

Halper Sadeh LLP, an investor rights law firm, is investigating whether the proposed sale of Turquoise Hill Resources Ltd. (NYSE: TRQ) to Rio Tinto for C$43 per share in cash is fair to Turquoise Hill shareholders.

Halper Sadeh encourages Turquoise Hill shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

The investigation concerns whether Turquoise Hill and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Turquoise Hill shareholders; (2) determine whether Rio Tinto is underpaying for Turquoise Hill; and (3) disclose all material information necessary for Turquoise Hill shareholders to adequately assess and value the merger consideration. On behalf of Turquoise Hill shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Halper Sadeh encourages Turquoise Hill shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Maybe this firm will take a look at it!      GLTA
Comment by stockshack on Sep 01, 2022 10:43am
Shareholders have the right to exit at the first sign the trade dosn't go their way. Shareholders have the right to invest a small % of their funds in penny stocks. Shareholders have the right to expect they can lose all their investment in penny stocks. Shareholders have the right to move on and blame no one but themselves.
Comment by Malpeque2 on Sep 01, 2022 11:19am
So your saying it's OK for all these TSX-V scams to be run out of Canada and rip off John Q Public in these penny  stock frauds and white collar criminals get off scot free?
Comment by stockshack on Sep 01, 2022 2:43pm
I'm saying the retailer will never get a dime from scumbag lawyers and will end up losing a lot more money in the end on lawyer fees.
Comment by Malpeque2 on Sep 01, 2022 4:07pm
They work on contingency.   They get nothing for a shareholder class action unless they collect an award from the court.    Usually about 30% of the total award.  It's up to the judge actually to determine how muc the plaintiffs get,  and approve the settlement. 
Comment by stockshack on Sep 01, 2022 5:19pm
B.S. , Penny stocks never make it to a lawyers desk. By the time it gets to that point, they're flat broke. You can't get blood from a stone, the judge can award all he wants, you'll never see a dime.
Comment by Malpeque2 on Sep 01, 2022 10:05pm
This one had an offer over $400M Euros cash on the table.     This one had a market cap of over $200M Canadian right before the deal died.     This Petroteq is a farr cry from a penny stock,  to use your words.   This one had the legit lawyers and Kingsdale involved in the "offer",  and the lawyers and Viston as the "offerer" ...more  
Comment by stockshack on Sep 02, 2022 8:45am
You lost too much money to think striaght. Move on, you'll never get a dime from a lawsuit. No lawyer will touch it, there's no malice.