NEW ORLEANS, Aug. 03, 2018 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds
investors that they have until August 13, 2018 to file lead plaintiff applications in a securities class action lawsuit against
PG&E Corporation (NYSE: PCG), if they purchased the Company’s shares between April 29, 2015, and June 8, 2018, inclusive (the
“Class Period”). This action is pending in the United States District Court for the Northern District of California.
Get Help
PG&E investors should visit us at https://www.claimsfiler.com/cases/view-pgampe-corporation-securities-litigation-1 or call to
speak to our claim center toll-free at (844) 367-9658.
About the Lawsuit
PG&E and certain of its executives are charged with failing to disclose material information during the
Class Period, violating federal securities laws.
On June 8, 2018, post-market, the California Department of Forestry and Fire Protection released the results of
its ongoing investigation into the October 2017 California wildfires, concluding that twelve fires “were caused by electric power
and distribution lines, conductors and the failure of power poles.” Further, the department’s findings regarding eight of the
fires, all caused in relation to PG&E’s lines or equipment, had been referred to county prosecutors “due to evidence of alleged
violations of state law.”
On this news, the price of PG&E’s shares plummeted.
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ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their
share of billions of dollars from securities class action settlements. ClaimsFiler's team of experts monitor the securities class
action landscape and cull information from a variety of sources to ensure comprehensive coverage across a broad range of financial
instruments.
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