Public Service Enterprise Group Inc
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Utilities : Multi-Utilities | Large Cap Value
Company profile

Public Service Enterprise Group Incorporated (PSEG) is a holding company. The Company is an energy company with operations located primarily in the Northeastern and Mid-Atlantic United States. The Company's segments include Public Service Electric and Gas Company (PSE&G), PSEG Power LLC (Power) and Other. PSEG is engaged in the transmission of electricity and distribution of electricity and natural gas in certain areas of New Jersey. PSE&G is also the provider of last resort for gas and electric commodity service for end users in its service territory. Power is a multi-regional energy supply company that integrates the operations of its merchant nuclear and fossil generating assets with its power marketing businesses through energy sales in energy markets and fuel supply functions primarily in the Northeast and Mid-Atlantic United States through its principal subsidiaries. In addition, Power owns and operates solar generation in various states.

Closing Price
$58.15
Day's Change
-1.57 (-2.63%)
Bid
--
Ask
--
B/A Size
--
Day's High
59.72
Day's Low
57.43
Volume
(Heavy Day)
Volume:
3,240,554

10-day average volume:
2,148,714
3,240,554

LAWSUITS FILED AGAINST COG, COTY and NKLA - Jakubowitz Law Pursues Shareholders Claims

1:55 pm ET September 18, 2020 (Accesswire) Print

NEW YORK, NY / ACCESSWIRE / September 18, 2020 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below. Shareholders interested in representing the class of wronged shareholders have until the lead plaintiff deadline to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. For more details and to speak with our firm without cost or obligation, follow the links below.

Cabot Oil & Gas Corporation (NYSE:COG)

CONTACT JAKUBOWITZ ABOUT COG:https://claimyourloss.com/securities/cabot-oil-gas-corporation-loss-submission-form/?id=9398&from=1

Class Period : October 23, 2015 - June 12, 2020

Lead Plaintiff Deadline : October 13, 2020

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) Cabot had inadequate environmental controls and procedures and/or failed to properly mitigate known issues related to those controls and procedures; (ii) as a result, Cabot, among other issues, failed to fix faulty gas wells, thereby polluting Pennsylvania's water supplies through stray gas migration; (iii) the foregoing was foreseeably likely to subject Cabot to increased governmental scrutiny and enforcement, as well as increased reputational and financial harm; (iv) Cabot continually downplayed its potential civil and/or criminal liabilities with respect to such environmental matters; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.

Coty Inc. (NYSE:COTY)

CONTACT JAKUBOWITZ ABOUT COTY:https://claimyourloss.com/securities/coty-inc-loss-submission-form/?id=9398&from=1

Class Period : October 3, 2016 - May 28, 2020

Lead Plaintiff Deadline : November 3, 2020

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) despite being no stranger to beauty brand acquisitions, Coty did not have adequate processes and procedures in place to assess and properly value the P&G Specialty Beauty Business and Kylie Cosmetics acquisitions; (2) as a result, Coty had overpaid for the P&G Specialty Beauty Business and Kylie Cosmetics; (3) Coty did not have adequate infrastructure to smoothly integrate and support the beauty brands that it acquired from P&G, including an adequate supply chain; (4) as a result of its inadequate infrastructure, Coty was not successfully integrating the beauty brands it acquired from P&G and not delivering synergies from the acquisition; and (5) as a result of the foregoing, Coty's financial statements and Defendants' statements about Coty's business, operations, and prospects, were materially false and/or misleading at all relevant times.

Nikola Corporation, f/k/a VectoIQ Acquisition Corp. (NASDAQ:NKLA)

CONTACT JAKUBOWITZ ABOUT NKLA:https://claimyourloss.com/securities/nikola-corporation-f-k-a-vectoiq-acquisition-corp-loss-submission-form/?id=9398&from=1

Class Period : March 3, 2020 - September 15, 2020

Lead Plaintiff Deadline : November 16, 2020

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) VectoIQ did not engage in proper due diligence regarding its merger with Nikola; (2) Nikola overstated its "in-house" design, manufacturing, and testing capabilities; (3) Nikola overstated its hydrogen production capabilities; (4) as a result, Nikola overstated its ability to lower the cost of hydrogen fuel; (5) Nikola founder and Executive Chairman, Trevor Milton, tweeted a misleading "test" video of the Company's Nikola Two truck; (6) the work experience and background of key Nikola employees, including Mr. Milton, had been overstated and obfuscated; (7) Nikola did not have five Tre trucks completed; and (8) as a result, defendants' public statements were materially false and/or misleading at all relevant times.

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

JAKUBOWITZ LAW1140 Avenue of the Americas9th FloorNew York, New York 10036T: (212) 867-4490F: (212) 537-5887

SOURCE: Jakubowitz Law

View source version on accesswire.com: https://www.accesswire.com/606756/LAWSUITS-FILED-AGAINST-COG-COTY-and-NKLA--Jakubowitz-Law-Pursues-Shareholders-Claims

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