LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of CenterPoint Energy, Inc. (“CenterPoint” or “the Company”) (NYSE: CNP) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Hurricane Beryl left about 2.2 million CenterPoint customers without power in early July. Nearly a week after the storm, many customers still lacked power. Texas Governor Greg Abbott focused on the Company in a July 14, 2024, press conference in which he demanded an investigation of its actions around Hurricane Beryl. Among other allegations, Abbott stated that the Company failed to have "an adequate number of workers pre-staged" before the storm hit. Based on this news, shares of CenterPoint fell by more than 6.6% on July 15, 2024.
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We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, 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 bschall@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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