BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Ormat Technologies, Inc. (“Ormat” or the “Company”) (NYSE: ORA) investors concerning the Company and its officers’ possible violations of federal securities laws.
On May 16, 2018, Ormat announced that investors should no longer rely on Ormat’s previously issued financial statements for the second, third and fourth quarter of 2017, and full-year 2017 due to certain “errors” in the Company’s income tax provision. Ormat further stated that it would restate its financial results for those periods. On this news, Ormat’s share price fell, thereby injuring investors.
If you purchased Ormat securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
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