ATLANTA--(BUSINESS WIRE)--Holzer & Holzer LLC announces that a class action lawsuit has been filed on behalf of investors who purchased Valaris plc (“Valaris” or the “Company”) (NYSE: VAL) securities between April 11, 2019 and July 31, 2019.
The lawsuit alleges that Valaris failed to adequately disclose that weakness in its ultra-deepwater segment, among other things, was likely to have a material negative impact on the Company’s results. On July 31, 2019, Valaris announced its second quarter 2019 results, which were below market expectations. The price of Valaris securities fell following the announcement.
If you purchased shares of Valaris securities between April 11, 2019 and July 31, 2019 and suffered a loss on that investment, you are encouraged to contact Corey D. Holzer, Esq. at firstname.lastname@example.org or Luke R. Kennedy at email@example.com, or by toll-free telephone at (888) 508-6832 to discuss your legal rights.
Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey D. Holzer is the attorney responsible for its content.