A group of riled-up shareholders of Helix Energy Solutions Group recently filed a class action against the Houston-based provider of specialty services to the international offshore energy industry. The shareholders allege they were injured by Helix Energy’s fraudulent actions and big falls in share prices.
The shareholders in the class action, Izadjoo v. Kratz, are represented by Thomas Bilek of Houston-based Bilek Law Firm. In addition, partner Nicholas Porritt and associate Julia Sun of New York-based Levi & Korsinsky are serving as of counsel in the case, which was filed in the U.S. District Court for the Southern District of Texas in Houston. The class action was filed on behalf of shareholders who purchased Helix Energy common stock between Oct. 21, 2014, and July 21, 2015. As stated in their complaint, the plaintiffs are seeking remedies under the U.S. Securities Exchange Act of 1934 and asserting their claims against certain Helix executive officers and directors.
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