LOS ANGELES–(BUSINESS WIRE)–Schall law firma national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Enservco Corporation (“Enservco” or “the Company”) (NYSE: ENSV) for violating securities laws.
The investigation aims to determine whether the Company has made false and/or misleading statements and/or has failed to disclose relevant information to investors. Enservco disclosed in an SEC filing on April 18, 2022 that it had “concluded that the company’s previously released condensed consolidated financial statements as of and for the quarters ended March 31, 2021, June 30, 2021 and September 30 2021 (collectively, the ‘Relevant Periods’) should no longer be relied upon due to the Company’s use of certain deferred tax liabilities in 2021.” The company added that it “intends to amend its quarterly reports on Form 10-Q for the relevant periods to reflect restatements to its condensed consolidated financial statements for the relevant period.” Based on this news, Enservco shares fell sharply on April 19. 2022.
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We also encourage you to contact Brian Schall of 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 via the firm’s website at www.schallfirm.comor by e-mail to bschall@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 do nothing, you can remain an absent member of the group.
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