Investigation Overview
July 28, 2015 (Shareholders Foundation) - An investigation on behalf of investors of Helix Energy Solutions Group Inc (NYSE:HLX) shares over potential securities laws violations by Helix Energy Solutions Group and certain of its directors and officers in connection certain financial statements was announced.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Helix Energy Solutions Group Inc (NYSE:HLX) concerning whether a series of statements by Helix Energy Solutions Group regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Shares of Helix Energy Solutions Group Inc (NYSE:HLX ) grew to as high as $27.24 per share in November 2014. Helix Energy Solutions Group Inc reported that its annual Total Revenue rose from $846.11 million in 2012 to over $1.1 billion in 2014 and that its Net Loss of $46.33 million in 2012 turned into a Net Income of $195.05 million in 2014.
On July 21, 2015, Helix Energy Solutions Group Inc announced its second quarter 2015 financial results.
Shares of Helix Energy Solutions Group Inc (NYSE:HLX) declined to as low as $8.43 per share on July 7, 2015.