{"id":380004,"date":"2020-11-12T11:33:05","date_gmt":"2020-11-12T16:33:05","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=380004"},"modified":"2020-11-12T11:33:05","modified_gmt":"2020-11-12T16:33:05","slug":"glancy-prongay-murray-llp-reminds-investors-of-looming-deadline-in-the-class-action-lawsuit-against-golar-lng-limited-glng-4","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/glancy-prongay-murray-llp-reminds-investors-of-looming-deadline-in-the-class-action-lawsuit-against-golar-lng-limited-glng-4\/","title":{"rendered":"Glancy Prongay &amp; Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Golar LNG Limited (GLNG)"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">LOS ANGELES, Nov.  12, 2020  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Tom1NLf5pcpLtfUObW8I5YKegHLOsiZIj7WPRcDSn-haOzPZAV9tYbKi0ZSGooR-czWZmFbBEZlv-ADUrK0sqLDMPZRQlLIh52UDD1Lb_8A=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Glancy Prongay &amp; Murray LLP<\/a>\u00a0(\u201cGPM\u201d)\u00a0reminds investors of the upcoming <strong>November <\/strong><strong>2<\/strong><strong>4<\/strong><strong>, 2020 <\/strong>deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Golar LNG Limited (\u201cGolar\u201d or the \u201cCompany\u201d) (NASDAQ: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Ue70Tkr0U3kUm1UD6gs51YgqN8rUR1QzprN_Qw44N7oGPGuXJ8GH-RsFBcc07hTbsvzAJxPPYzTA1l0-T5kziQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">GLNG<\/a>) securities between <strong>April 30, 2020 and September 24, 2020<\/strong>, inclusive (the \u201cClass Period\u201d).<\/p>\n<p>If you suffered a loss on your Golar investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=sXiL_4-JYK0ZxwgiGpGXFDunD7aP_jGP9SHKDxFj9Ql_bOZyu6n2CdZfGu90ZWAIXtTeypeSuixLIZbp-DzPhgh5zChho0oio3nOav9ZRfJkCiH6vzRx_6Neqg6e6dGzayrv-xHicD2B9N8aGmCnW2uUUVjTM6jyjvZPKs4anXk=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.glancylaw.com\/cases\/golar-lng-limited\/<\/a>. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=R8DFWMN0Vb-i4oQA4IMJNj_e8ZlTPQNsApeZWcHNEERtsJO9QWVStK0pNKOMoGqffOs9se3CUIzn2Rmm_lSTUS-_2125JgT9WSYqIVFOXEEL4NhJbCI-5SykJRjUB5Co\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">shareholders@glancylaw.com<\/a> to learn more about your rights.<\/p>\n<p>On September 24, 2020, media reported that the Chief Executive Officer (\u201cCEO\u201d) of Golar\u2019s joint venture, Hygo Energy Transition Ltd. (\u201cHygo\u201d), was involved in a bribery network investigated in Brazil\u2019s Operation Car Wash.<\/p>\n<p>On this news, the Company\u2019s share price fell $3.28, or 32%, to close at $6.86 per share on September 24, 2020, thereby damaging investors.<\/p>\n<p>The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, as well as failed to disclose material adverse facts about the Company\u2019s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that certain employees, including Hygo\u2019s CEO, had bribed third parties, thereby violating anti-bribery policies; (2) that, as a result, the Company was likely to face regulatory scrutiny and possible penalties; (3) that, as a result of the foregoing reputational harm, Hygo\u2019s valuation ahead of its IPO would be significantly impaired; and (4) that, as a result of the foregoing, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis.<\/p>\n<p>Follow us for updates on <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Oog3RKJ97VXX_mQ6-JApFNtlvqza94oSgT--LiFgoKmapbD4fBiDpf273rY3uq3QKeAO-0ZYu25tmdfu5KrXsIW6t17HKo7n4h5jV4s4WU6Onl_lu-Ui89WOU20im525\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">LinkedIn<\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Du8G6jeUbpkBm_1mx678n8zQ6AYWZ3mToRBHLA2A7LfoeuLxrkg1VHYJYNfx2q8bRs9SP9CupIP4Oqg9Kx6_pA==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Twitter<\/a>, or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=kl7mom8Mslbb-zJzpNVIDOebngWv0oT9kZYdUnB8orsBtoUARHLOu0jrswlJo3kmxNPqj-a2Y3gsClkOrhCh_zcN2q8QXJ21qWbdgF6Wnv4=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Facebook<\/a>.<\/p>\n<p>If you purchased or otherwise acquired Golar securities during the Class Period, you may move the Court no later than <strong>November 2<\/strong><strong>4<\/strong><strong>, 2020<\/strong> to ask the Court to appoint you as lead plaintiff. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to\u00a0learn more\u00a0about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Charles H. Linehan, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=R8DFWMN0Vb-i4oQA4IMJNj_e8ZlTPQNsApeZWcHNEESXscEZ68Mt6IvD5DZrvHl0r-0zH2cPpFwtxXiWkCD_bVolWy7iTjIhdI6xZtrQ_KWv8gl9luD1PchRunRMJu5L\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">shareholders@glancylaw.com<\/a>, or visit our website at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=LK0MGN8TANObewYk5TfGfN2zOPUbFANbjZWELNqwmu_7W27XOWovkt9RNm2anco1t7hkTkiaxNdCRK9Y-5dBmw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.glancylaw.com<\/a>. If you inquire by email please include your mailing address, telephone number and number of shares purchased.<\/p>\n<p>This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p>\n<p>\n        <strong>Contacts<\/strong><br \/>\n        <br \/>Glancy Prongay and Murray LLP, Los Angeles<br \/>Charles H. Linehan, 310-201-9150 or 888-773-9224<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=LK0MGN8TANObewYk5TfGfDtP43ZhiOMcf2W6_xH75YWykvFywhp7px14ul3tRxE8Rnz4_QpFvjZ9Zaep59AmbxTD8aF8WlmJPwVcZaYERfY=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.glancylaw.com<\/a><br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=R8DFWMN0Vb-i4oQA4IMJNj_e8ZlTPQNsApeZWcHNEESjlQt0aLZODgF7jg07qKIHwlduBMRfygQ-2klah3e4XQuCZ3mOtOccM49se-WyMvAdwXpbRj5HxQwsqZ27nAn8\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">shareholders@glancylaw.com<\/a><\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NDYxNCMzODIzMjY4IzIwMTcyOTE=\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>LOS ANGELES, Nov. 12, 2020 (GLOBE NEWSWIRE) &#8212; Glancy Prongay &amp; Murray LLP\u00a0(\u201cGPM\u201d)\u00a0reminds investors of the upcoming November 24, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Golar LNG Limited (\u201cGolar\u201d or the \u201cCompany\u201d) (NASDAQ: GLNG) securities between April 30, 2020 and September 24, 2020, inclusive (the \u201cClass Period\u201d). If you suffered a loss on your Golar investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at https:\/\/www.glancylaw.com\/cases\/golar-lng-limited\/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/glancy-prongay-murray-llp-reminds-investors-of-looming-deadline-in-the-class-action-lawsuit-against-golar-lng-limited-glng-4\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Glancy Prongay &amp; Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Golar LNG Limited (GLNG)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-380004","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Glancy Prongay &amp; Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Golar LNG Limited (GLNG) - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/glancy-prongay-murray-llp-reminds-investors-of-looming-deadline-in-the-class-action-lawsuit-against-golar-lng-limited-glng-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Glancy Prongay &amp; Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Golar LNG Limited (GLNG) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"LOS ANGELES, Nov. 12, 2020 (GLOBE NEWSWIRE) &#8212; Glancy Prongay &amp; Murray LLP\u00a0(\u201cGPM\u201d)\u00a0reminds investors of the upcoming November 24, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Golar LNG Limited (\u201cGolar\u201d or the \u201cCompany\u201d) (NASDAQ: GLNG) securities between April 30, 2020 and September 24, 2020, inclusive (the \u201cClass Period\u201d). If you suffered a loss on your Golar investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at https:\/\/www.glancylaw.com\/cases\/golar-lng-limited\/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more &hellip; Continue reading &quot;Glancy Prongay &amp; Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Golar LNG Limited (GLNG)&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/glancy-prongay-murray-llp-reminds-investors-of-looming-deadline-in-the-class-action-lawsuit-against-golar-lng-limited-glng-4\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-12T16:33:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NDYxNCMzODIzMjY4IzIwMTcyOTE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/glancy-prongay-murray-llp-reminds-investors-of-looming-deadline-in-the-class-action-lawsuit-against-golar-lng-limited-glng-4\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/glancy-prongay-murray-llp-reminds-investors-of-looming-deadline-in-the-class-action-lawsuit-against-golar-lng-limited-glng-4\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Glancy Prongay &amp; 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If you suffered a loss on your Golar investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at https:\/\/www.glancylaw.com\/cases\/golar-lng-limited\/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more &hellip; Continue reading \"Glancy Prongay &amp; Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Golar LNG Limited (GLNG)\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/glancy-prongay-murray-llp-reminds-investors-of-looming-deadline-in-the-class-action-lawsuit-against-golar-lng-limited-glng-4\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-12T16:33:05+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NDYxNCMzODIzMjY4IzIwMTcyOTE=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/glancy-prongay-murray-llp-reminds-investors-of-looming-deadline-in-the-class-action-lawsuit-against-golar-lng-limited-glng-4\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/glancy-prongay-murray-llp-reminds-investors-of-looming-deadline-in-the-class-action-lawsuit-against-golar-lng-limited-glng-4\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Glancy Prongay &amp; 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