SHAREHOLDER ALERT: Shareholder Rights Law Firm Johnson & Weaver, LLP Announces Investigation of GSE Holdings, Inc.
SAN DIEGO--(BUSINESS WIRE)--Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating whether certain officers and/or directors of GSE Holdings Inc. (NYSE:GSE) violated state or federal laws in connection with statements regarding GSE Holdings’ business, operations and financial prospects. GSE engages in the manufacture and marketing of engineered geosynthetic lining products for environmental protection and confinement applications.
Johnson & Weaver’s investigation will seek to determine if investors were harmed by statements made by GSE to the investing public in the Registration Statement and Prospectus filed with the U.S. Securities and Exchange Commission in connection with the Company’s initial public offering on February 13, 2012. Specifically, the investigation seeks to determine whether the Registration Statement and/or Prospectus misrepresented material facts about the business and operations of GSE.
Since the Company’s initial public offering on February 13, 2012, GSE stock is down approximately 94%.
The sharp decline led to the New York Stock Exchange (“NYSE”) notifying GSE on January 8, 2014 that the Company was not in compliance with NYSE’s continued listing standards. The Company is considered below criteria established by the NYSE's continued listing standards because its average global equity market capitalization fell below $50 million.
If you have information that could assist in this investigation, or if you are a GSE shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker (firstname.lastname@example.org) by email or by phone at 619-230-0063, Ext. 118.
Johnson & Weaver, LLP is a nationally recognized shareholders’ rights law firm. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.