NEW YORK--(BUSINESS WIRE)--The Klein Law Firm announces the commencement of an investigation of Ormat Technologies, Inc. (NYSE: ORA) concerning possible violations of federal securities laws.
On May 11, 2018, Ormat filed a 10-Q disclosing the discovery of “an error in the Company’s financial statement presentation of deferred income tax liabilities” which would affect the Company’s balance sheets in previous periods. Then on May 16, 2018, Ormat announced that investors should no longer rely on its previously issued financial statements for the second, third and fourth quarter of 2017 and full-year 2017.
If you suffered a loss in Ormat and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit http://www.kleinstocklaw.com/pslra-c/ormat-technologies-inc.
Joseph Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.