Petrofac Limited (POFCY; POFCF) 

Investigation 

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Petrofac Limited ("Petrofac" or "the Company") (OTCMKT: POFCY; POFCF). The investigation concerns whether Petrofac and certain of its officers and/or directors have violated federal securities laws.

 

On October 26, 2021, Petrofac announced plans to raise $275 million through a stock sale and to use the funds to pay a fine for bribery-related offences in connection with its operations in the Middle East.  On this news, Petrofac’s share price fell sharply, damaging investors.

 

If you are aware of any facts relating to this investigation, or purchased Petrofac shares, you can assist this investigation. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484. 

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.