Kahn Swick & Foti, LLC Announces Pendency of Class Action Involving Purchasers of Chicago Bridge & Iron Company N.V. Common S...

The following statement is being issued by Kahn Swick & Foti, LLC regarding In re Chicago Bridge & Iron Company N.V. Securities Litigation.

UNITED STATES DISTRICT COURT

SOUTHERN DISTRICT OF NEW YORK

IN RE CHICAGO BRIDGE & IRON COMPANY N.V. SECURITIES LITIGATION

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CASE NO. 1:17-CV-1580 (LGS)

SUMMARY NOTICE OF PENDENCY OF CLASS ACTION

TO: All those who purchased or otherwise acquired the common stock of Chicago Bridge & Iron Company N.V. (“CB&I”) on the New York Stock Exchange (“NYSE”) during a Class Period from October 30, 2013, through and including June 23, 2015 (the “Class”).

Excluded from the Class are the Defendants, officers and directors of CB&I, members of their immediate families and their legal representatives, heirs, successors, or assigns, and any entity in which Defendants have or had a controlling interest.

PLEASE READ THIS NOTICE CAREFULLY AND IN ITS ENTIRETY. YOUR RIGHTS MAY BE AFFECTED BY PROCEEDINGS IN THIS ACTION.

This Notice is being sent pursuant to Rule 23 of the Federal Rules of Civil Procedure and an Order of the United States District Court for the Southern District of New York (the “Court”), entered March 23, 2020, certifying the above-captioned action as a Class Action. This Action has not been settled and continues to be litigated. Accordingly, no claim form need be filed at this time.

If you are a member of the Class, your rights are affected by this Action, and you may have the right to participate in any recovery. You also have the right to exclude yourself from the Class in accordance with the directions set forth in a more detailed Notice of Pendency of Class Action, which was mailed separately to persons and entities identified from the records of Defendant Chicago Bridge & Iron Company N.V. as members of the Class. That Notice of Pendency of Class Action describes in more detail this Class Action and your rights with respect thereto.

If you have not received a more detailed Notice by mail, please contact:

Chicago Bridge Iron Securities Litigation P.O. Box 3410 Portland, OR 97208-3410 Telephone: [phone] www.ChicagoBridgeIronSecuritiesLitigation.com

Inquiries other than requests for the Notice may be made to Class Counsel:

Lewis S. Kahn, Esq. Kahn Swick & Foti, LLC 1100 Poydras Avenue, Suite 3200 New Orleans, Louisiana 70163 Telephone: [phone] Fax: [phone]

PLEASE DO NOT CALL OR WRITE THE COURT OR THE OFFICE OF THE CLERK FOR INFORMATION OR ADVICE.

Dated: August 6 2020

BY ORDER OF THE COURT

 

United States District Court

                                                                                  

Southern District of New York

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20200806005212/en/

Kahn Swick & Foti, LLC Lewis S. Kahn, Esq. Telephone: [phone]