BENSALEM, Pa.--(BUSINESS WIRE)--
Law Offices of Howard G. Smith announces an investigation on behalf of Mammoth Energy Services, Inc. (“Mammoth Energy” or the “Company”) (NASDAQ: TUSK) investors concerning the Company and its officers’ possible violations of federal securities laws.
On May 24, 2019, an article was published by the Wall Street Journal alleging that a FEMA official involved in the reconstruction of Puerto Rico following Hurricane Maria is under investigation for directing electrical grid work contracts to a Mammoth Energy subsidiary, worth up to $900 million and $945 million each.
On this news, the Company’s share price fell $0.50 per share or over 4% to close at $11.74 on May 24, 2019, thereby injuring investors.
If you purchased Mammoth Energy securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to email@example.com, or visit our website at www.howardsmithlaw.com.
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