ORA class action investigation, Levi & Korsinsky

Class Action News

ORA Class Action Investigation Commences

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May 18, 2018

Levi & Korsinsky announces it has commenced an investigation of Ormat Technologies, Inc. (“Ormat” or “the Company”) (NYSE: ORA) concerning possible violations of federal securities laws. On May 11, 2018, Ormat filed a 10-Q disclosing the discovery of “an error in the Company’s financial statement presentation of deferred income tax liabilities” which would affect the Company’s balance sheets in previous periods. Then on May 16, 2018, Ormat announced that investors should no longer rely on its previously issued financial statements for the second, third and fourth quarter of 2017 and full-year 2017. To obtain additional information on the Ormat class action investigation (ORA class action investigation), go tohttp://www.zlk.com/pslra-d/ormat-technologies-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 

For more information on the Ormat investigation (ORA investigation), contact Levi & Korsinsky. Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.