The law firm of Kirby McInerney LLP is investigating potential claims against Bristow Group Inc. (“Bristow” or the “Company”) (NYSE:BRS). This investigation concerns whether Bristow has violated federal securities laws and/or engaged in other unlawful business practices.
On February 11, 2019, Bristow disclosed that it “did not have adequate monitoring control processes in place related to non-financial covenants within certain of its secured financing and lease agreements.” The same day, the Company announced that it had terminated its agreement to purchase Columbia Helicopters, Inc.
On this news, Bristow’s share price fell $1.22 per share or approximately 39.8%, to close at $1.84 on February 12, 2019.
If you acquired Bristow securities, have information, or would like to learn more about these claims, please contact Thomas W. Elrod of Kirby McInerney LLP at 212-371-6600, by email at investigations@kmllp.com, or by filling out this contact form, to discuss your rights or interests with respect to these matters without any cost to you.
Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, and whistleblower litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website: www.kmllp.com.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20190214005956/en/
Contacts:
Thomas W. Elrod, Esq., (212) 371-6600
investigations@kmllp.com
www.kmllp.com
