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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Golar LNG Limited    GLNG   BMG9456A1009

GOLAR LNG LIMITED

(GLNG)
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SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Golar LNG Limited and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

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09/28/2020 | 11:27am EDT

The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Golar LNG Limited (“Golar” or “the Company”) (NASDAQ: GLNG) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between April 30, 2020 and September 24, 2020, inclusive (the ''Class Period''), are encouraged to contact the firm before November 23, 2020.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Employees of Golar’s joint venture, Hygo Energy Transition Ltd. ("Hygo"), including Hygo’s CEO, engaged in a scheme to bribe third parties, violating the law. The illegal scheme impacted Hygo’s valuation before its IPO. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Golar, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

© Business Wire 2020

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Financials (USD)
Sales 2020 420 M - -
Net income 2020 -254 M - -
Net Debt 2020 2 310 M - -
P/E ratio 2020 -3,97x
Yield 2020 0,82%
Capitalization 822 M 822 M -
EV / Sales 2020 7,46x
EV / Sales 2021 7,23x
Nbr of Employees 1 647
Free-Float 83,8%
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Technical analysis trends GOLAR LNG LIMITED
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 13
Average target price 14,92 $
Last Close Price 8,40 $
Spread / Highest target 138%
Spread / Average Target 77,6%
Spread / Lowest Target 19,0%
EPS Revisions
Managers
NameTitle
Iain Ross Chief Executive Officer
Tor Olav TrÝim Chairman
ōistein Dahl Chief Operating Officer
Callum Mitchell-Thomson Chief Financial Officer
Olve Skjeggedal Chief Technical Officer
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