Investigation Overview
An investigation on behalf of investors of Duke Energy Corporation (NYSE: DUK) shares over potential securities laws violations by Duke Energy and certain of its directors and officers in connection with certain financial statements was announced.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Duke Energy Corporation (NYSE: DUK) concerning whether a series of statements by Duke Energy regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Charlotte, Nc based Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. Duke Energy Corporation reported that its annual Total Revenue rose from over $22.38 billion in 2016 to over $23.18 billion in 2017 and that its Net Income increased from over $2.57 billion in 2016 to over $3.07 billion.
Shares of Duke Energy Corporation (NYSE: DUK) grew from $$71.96 per share in June 2018 to as high as $85.08 per share on October 24, 2018.