NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of SAExploration Holdings, Inc. (NASDAQ: SAEX) resulting from allegations that SAExploration may have issued materially misleading business information to the investing public.
On August 15, 2019, SAExploration announced that the SEC was conducting an investigation into certain accounting matters that arose in 2015-2016. The Company also announced that, due to a re-evaluation of its relationship with Alaska Seismic Ventures, LLC, it would restate its previously issued financial statements for fiscal years 2015 through 2018 and delay filing its 10-Q for the quarter ended June 30, 2019.
On this news, shares of SAExploration fell sharply during intraday trading on August 16, 2019.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered SAExploration investors. If you purchased shares of SAExploration please visit the firm’s website at http://www.rosenlegal.com/cases-register-1657.html to join the class action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or cases@rosenlegal.com.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors.
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