ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Warrior Met Coal, Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm
LOS ANGELES, March 16, 2021 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Warrior Met Coal, Inc. ("Warrior" or "the Company") (NYSE: HCC) 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. Warrior reported its fourth quarter and full year 2020 financial results, among other results, on February 24, 2021. The Company reported a loss of $33.7 million for the fourth quarter, which was larger than analyst expectations. The Company stated, "due to ongoing uncertainty related to the COVID-19 pandemic, the Chinese ban on Australian coal and other potentially disruptive factors, Warrior will not be providing full year 2021 guidance at this time." The Company is also suspending its Stock Repurchase Program due to a "short-term focus of preserving cash and liquidity."
If you are a shareholder who suffered a loss, click here to participate.
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 brian@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com
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SOURCE The Schall Law Firm
