ATLANTA--(BUSINESS WIRE)--Holzer & Holzer, LLC announces that a class action lawsuit has been filed on behalf of investors who purchased Energy Recovery, Inc. (“Energy Recovery” or the “Company”) (NASDAQ: ERII) securities between August 2, 2017 and June 29, 2020.
The complaint, filed in the U.S. District Court for the Southern District of New York, alleges the Company and Schlumberger had different strategic perspectives regarding commercialization of VorTeq, which created substantial risk of early termination of the Company’s exclusive licensing agreement with Schlumberger.
If you purchased shares of Energy Recovery securities between August 2, 2017 and June 29, 2020 and suffered significant losses on that investment, you are encouraged to contact Marshall P. Dees Esq. at email@example.com or Luke R. Kennedy, Esq. at firstname.lastname@example.org, or through www.holzerlaw.com 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.