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PG&E Senior Notes Investor Notice: Lawsuit announced by the Shareholders Foundation

SAN DIEGO, May 20, 2019 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces that a lawsuit is pending for investors that acquired certain PG&E senior notes in or traceable to certain PG&E’s Notes Offerings.

The lawsuit was filed for investors who purchased PG&E senior notes in the following Notes Offerings:

  • March 2016 public offering of senior notes,
  • December 2016 public offering of senior notes,
  • March 2017 public offering of senior notes,
  • April 2018 public offering of senior notes.

Investors, who purchased any PG&E senior notes, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779-1554.

The plaintiff claims that PG&E raised billions of dollars from investors through the sale of senior notes, that PG&E’s conduct has subsequently been revealed to contradict the representations made to investors in the offering documents for the above stated notes offerings, and that as a result of the tragic fires in October 2017 and November 2018 events, the prices of PG&E bonds have plummeted, adding hundreds of millions of dollars’ in investor losses to the devastation wrought by the Company’s conduct.

Those who purchased any PG&E Corporation (PCG) senior notes should contact the Shareholders Foundation, Inc.

Shareholders Foundation, Inc. 
Michael Daniels 
+1 (858) 779-1554 
3111 Camino Del Rio North 
Suite 423 
San Diego, CA 92108

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.