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If you purchased shares of Veolia Environnement (ADR) (NYSE: VE), and / or if you have any information relating the investigation including those who are former employees or/and whistleblowers, you may have certain options and you should contact the Shareholders Foundation, Inc.
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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
San Diego, Dec. 19, 2011 (Shareholders Foundation) -- An investigation on behalf of investors in shares of Veolia Environnement (ADR) (NYSE:VE) over possible Violations of Federal Securities Laws was announced.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Veolia Environnement (ADR) (NYSE:VE) concerning whether the company, certain of its officers and directors, or others have possibly violated federal securities laws. Specifically, the investigation concerns whether certain statements regarding Veolia Environnements business, its prospects and its operations were potentially materially false and misleading at the time they were made.
Veolia Environnements annual Revenue rose from $31.57billion for 2007 to $34.78billion in 2010, however its Net Income fell from $927.90million in 07 to $581.10million for 2010. Additionally, despite that Veolia Environnements 6months Revenue rose from $14.10billion ending for a 6months period on June 30, 2010 to $16.28billion ending for a 6months period ending on June 30, 2011, its Net Income for the same time periods turned from a Net Income of $374.20million into a Net Loss of $67.20million.
Shares of Veolia Environnement (ADR) (NYSE:VE) fell from over $33 per share in April to recently slightly above $10 per share.
