© Reuters.
In a series of investigations, Kaskela Law LLC is scrutinizing several companies for potential breaches of fiduciary duties and securities law violations, following notable declines in stock values. Attorneys D. Seamus Kaskela and Adrienne Bell are leading the inquiries into these companies, with shareholders being urged to come forward for legal counsel.
Today, Kaskela Law announced an investigation into ABM Industries Incorporated (NYSE: NYSE:), after the company’s stock plummeted from $48 to $40 per share since June 2023. The law firm is exploring possible misconduct by ABM’s leadership that could have led to this significant drop in stock price.
Simultaneously, Kaskela Law LLC is looking into Compass Minerals International, Inc. (NYSE: NYSE:) due to a sharp 63% fall in its stock value from $66.00 to less than $24.00 per share since April 2022. This investigation aims to determine if CMP’s executives have failed in their legal duties towards the company and its shareholders.
The firm has also initiated a probe into Gossamer Bio (NASDAQ:), Inc., where there has been a drastic 95% decline in stock value from over $9.00 per share in December 2022 to approximately $0.50 per share. The investigation is focused on recent corporate actions and whether Gossamer’s officers and directors have violated securities laws or breached their fiduciary responsibilities.
Additionally, Kaskela Law LLC has launched an investigation into JELD-WEN (NYSE:) Holding, Inc., triggered by the stock’s fall from over $26.00 per share in December 2021 to less than $15.00 per share currently—a decrease exceeding 42%. This significant loss in market capitalization has prompted the law firm to examine the conduct of JELD-WEN’s officers and directors for potential legal infractions.
Affected investors from any of these companies are encouraged to contact Kaskela Law for more information about the investigations and their legal rights. The firm represents investors on a contingent fee basis in cases involving securities fraud, corporate governance issues, and merger & acquisition litigation. Shareholders can reach out through various contact methods provided by the firm, including phone numbers and email addresses available on Kaskela Law’s website.
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