The Law Offices of Frank R. Cruz Announces Investigation of Brooge Energy Limited (BROG) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Brooge Energy Limited (“Brooge” or the “Company”) (NASDAQ: BROG) on behalf of investors concerning the Company’s possible violations of federal securities laws.

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On December 22, 2023, Brooge disclosed that it agreed to a $5 million settlement with the U.S. Securities and Exchange Commission “related to alleged fraudulent accounting and offering conduct by the Company and two former officers.”

On this news, Brooge’s stock price fell $0.37, or 11.1%, to close at $2.97 per share on December 26, 2023, thereby injuring investors.

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If you purchased Brooge 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 Frank R. Cruz, of The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067 at 310-914-5007, by email to [e-mail], or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

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