Kaskela Law LLC announces that it is investigating Montauk Renewables, Inc. (NASDAQ: MNTK) (“Montauk”) on behalf of the company’s investors.
On November 9, 2023, after the close of trading, Montauk reported disappointing quarterly financial and operational that missed analysts’ earnings per share (“EPS”) estimates. Following this news, shares of the company’s common stock fell $3.77 per share, or over 36% in value, to close at $6.47 per share on November 10, 2023.
The investigation seeks to determine whether the company’s officers and/or directors breached their fiduciary duties or violated the securities laws in connection with recent corporate actions.
Montauk stockholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 – 0750, or by completing the form on this page, for additional information about this investigation and their legal rights and options.