NEW YORK, Aug. 20, 2020 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Southern District of Texas on behalf of those who acquired Cabot Oil & Gas Corporation (“Cabot” or the “Company”) (NYSE: COG) securities during the period from October 23, 2015 through June 12, 2020 (the “Class Period”). Investors have until October 13, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
According to the Complaint, the Company made false and misleading statements to the market. Cabot failed to maintain appropriate environmental controls and also failed to mitigate known problems with controls and procedures. The Company failed to fix malfunctioning gas wells, polluting the water supply of Pennsylvania. The Company downplayed its civil and criminal liability for this and other environmental problems. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Cabot, investors suffered damages.
If you acquired Cabot securities during the Class Period, have information, or would like to learn more about these claims, please contact Thomas W. Elrod of Kirby McInerney at 212-371-6600, by email at investigations@kmllp.com, or by filling out this contact form, to discuss your rights or interests with respect to these matters without any cost to you.
Kirby McInerney is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, and whistleblower litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney’s website: www.kmllp.com.
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Contacts
Kirby McInerney LLP
Thomas W. Elrod, Esq., (212) 371-6600
investigations@kmllp.com
www.kmllp.com
