Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of Suncor Energy Inc. (SU) Investigation

T.SU

NEW YORK, NY / ACCESSWIRE / September 14, 2020 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Suncor Energy Inc.("Suncor" or the "Company") (NYSE:SU). Investors who purchased Suncor securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/su.

The investigation concerns whether Suncor and certain of its officers and/or directors have violated federal securities laws.

On August 16, 2020, Suncor reported that the Company had experienced a fire at the secondary extraction facilities of its Base Plant mine. Then, on September 7, 2020, Suncor issued a press release "provid[ing an] operational and 2020 guidance update." In the press release, Suncor disclosed that while "initial repairs can allow the mine to operate at full rates, production has been restricted to manage bitumen quality into the upgraders" and that the Company expected to "achieve full mining rates of approximately 300,000 bbls/d by the middle of the fourth quarter, as bitumen treatment facilities return to full operation." On this news, Suncor's stock price fell $1.53 per share, or 9.86%, to close at $13.99 per share on September 8, 2020.

If you are aware of any facts relating to this investigation, or purchased Suncor shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/su. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC



View source version on accesswire.com:
https://www.accesswire.com/605894/Bronstein-Gewirtz-Grossman-LLC-Notifies-Shareholders-of-Suncor-Energy-Inc-SU-Investigation



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today