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Petrofac Ltd (OTCMKTS:POFCY) Investor Investigation Concerning Potential Securities Laws Violations Announced

  • If you purchased shares of Petrofac Ltd (OTCMKTS:POFCY), you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Petrofac Ltd
Security
OTCMKTS: POFCY

Summary

May 22, 2017 (Shareholders Foundation) - An investigation on behalf of investors of Petrofac Ltd (OTCMKTS:POFCY) shares over potential securities laws violations by Petrofac Ltd 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 Petrofac Ltd (OTCMKTS:POFCY) concerning whether a series of statements by Petrofac Ltd regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Petrofac Limited is a service provider to the oil and gas production and processing industry. On May 12, 2017, the U.K.'s Serious Fraud Office revealed that it has launched an investigation into Petrofac's activities for alleged of 'bribery, corruption and money laundering.' The investigation is connected to an ongoing probe of the activities of the Monaco oil contractor Unaoil SAM.

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