An investigation for investors in NYSE:TK shares over potential securities laws violations by Teekay and certain of its directors and officers was announced.
Shares of Teekay Corporation (NYSE:TK) to as low as $4.37 per share on January 20, 2016.
Investors who purchased shares of Teekay Corporation (NYSE:TK), have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 – 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Teekay Corporation (NYSE:TK) concerning whether a series of statements by Teekay regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On December 16, 2015 Teekay Corporation announced that its Board of Directors has approved a plan to reduce the Company’s quarterly dividend to $0.055 per share, down from $0.55 per share in the third quarter of 2015, commencing with the fourth quarter of 2015 dividend payable in February 2016.
On February 16, 2016, NYSE:TK shares closed at $6.47 per share.
Those who purchased shares of Teekay Corporation (NYSE:TK) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North – Suite 423
92108 San Diego