Investors canContactthe toll-free law firm to learn more about recovering their losses
LOS ANGELES, Aug. 29, 2022 (GLOBE NEWSWIRE) — Portnoy law firm informs investors of Azure Power Global Limited (“Azure” or the “Company”) (NYSE: AZRE) that the law firm has initiated an investigation on behalf of investors who have lost money on their shares Azure. Azure investors are encouraged to Contact company to discuss their legal rights.
Investors are encouraged to contact a lawyer Lesley F. Portnoyby phone 844-767-8529 or E-mailemail: [email protected], to discuss their legal rights, or Click here join the case via www.portnoylaw.com. Portnoy Law Firm can provide a free case assessment and discuss options for investors to pursue claims to recover their losses.
On August 29, 2022, Azure announced the resignation of its CEO, less than two months after his appointment. The company also disclosed that it “received a whistleblower complaint in May 2022 alleging possible procedural irregularities and misconduct by certain employees at a factory owned by one of its subsidiaries.” During the company’s review of these allegations, Azure “discovered deviations from security and quality standards” and “also identified evidence of manipulation of project data and information by some employees.”
On this news, Azure stock fell 46% in intraday trading on August 29, 2022, hurting investors.
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Portnoy Law Firm represents investors in the prosecution of claims caused by corporate wrongdoing. The company’s founding partner has recovered more than $5.5 billion for harmed investors. Lawyer advertisement. Prior results do not guarantee similar results.
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