{"id":413733,"date":"2021-01-13T03:05:27","date_gmt":"2021-01-13T08:05:27","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=413733"},"modified":"2021-01-13T03:05:27","modified_gmt":"2021-01-13T08:05:27","slug":"shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-covia-holdings-corporation-f-k-a-fairmount-santrol-holdings-inc-cviaq-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-covia-holdings-corporation-f-k-a-fairmount-santrol-holdings-inc-cviaq-2\/","title":{"rendered":"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Covia Holdings Corporation (f\/k\/a Fairmount Santrol Holdings Inc.) &#8211; CVIAQ"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">Jan. 13, 2021<\/span> \/PRNewswire\/ &#8212; Pomerantz LLP is investigating claims on behalf of investors of\u00a0Covia Holdings Corporation (f\/k\/a Fairmount Santrol Holdings Inc.) (&#8220;Covia&#8221; or the &#8220;Company&#8221;)\u00a0(NASDAQ: CVIAQ).\u00a0\u00a0 Such investors are advised to contact <span class=\"xn-person\">Robert S. Willoughby<\/span> at \u00a0<a target=\"_blank\" href=\"mailto:newaction@pomlaw.com\" rel=\"nofollow noopener noreferrer\">newaction@pomlaw.com<\/a> or 888-476-6529, ext. 7980<\/p>\n<p>The investigation concerns whether Covia and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.\u00a0 <\/p>\n<p>\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3035835-1&amp;h=2139120331&amp;u=https%3A%2F%2Fpomlaw.com%2Flearn-more-form%3Fcompany%3Dcviaq&amp;a=%5BClick+here+for+information+about+joining+the+class+action%5D\" rel=\"nofollow noopener noreferrer\">[Click here for information about joining the class action]<\/a>\n      <\/p>\n<p>On <span class=\"xn-chron\">March 22, 2019<\/span>, Covia disclosed receipt of a subpoena from the U.S. Securities and Exchange Commission (&#8220;SEC&#8221;) &#8220;seeking information relating to certain value-added proppants marketed and sold by&#8221; the Company.\u00a0On this news, Covia&#8217;s stock price fell <span class=\"xn-money\">$0.45<\/span> per share, or 6.9%, to close at <span class=\"xn-money\">$6.05<\/span> per share on <span class=\"xn-chron\">March 25<\/span>, 2019.\u00a0 <\/p>\n<p>Then, on <span class=\"xn-chron\">November 6, 2019<\/span>, Covia disclosed that &#8220;[s]ince the issuance of that subpoena, the SEC has requested additional information and subpoenaed certain current and former employees to testify.&#8221;\u00a0On this news, Covia&#8217;s stock price fell <span class=\"xn-money\">$0.07<\/span> per share, or 4.3%, to close at <span class=\"xn-money\">$1.56<\/span> per share on <span class=\"xn-chron\">November 6<\/span>, 2019.\u00a0 <\/p>\n<p>Finally, on <span class=\"xn-chron\">June 29, 2020<\/span>, Covia announced that it had entered into a comprehensive restructuring agreement with lenders and voluntarily filed petitions under Chapter 11 of the United States Bankruptcy Code to implement the agreement.\u00a0On <span class=\"xn-chron\">June 30, 2020<\/span>, the New York Stock Exchange delisted the Company.\u00a0 On this news, Covia&#8217;s stock price fell <span class=\"xn-money\">$0.18<\/span> per share, or 37.5%, and resumed trading over-the-counter on <span class=\"xn-chron\">July 1, 2020<\/span> at <span class=\"xn-money\">$0.30<\/span> per share.<\/p>\n<p>The Pomerantz Firm, with offices in <span class=\"xn-location\">New York<\/span>, <span class=\"xn-location\">Chicago<\/span>, <span class=\"xn-location\">Los Angeles<\/span>, and <span class=\"xn-location\">Paris<\/span> is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late <span class=\"xn-person\">Abraham L. Pomerantz<\/span>, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3035835-1&amp;h=4205435868&amp;u=http%3A%2F%2Fwww.pomerantzlaw.com%2F&amp;a=www.pomerantzlaw.com\" rel=\"nofollow noopener noreferrer\">www.pomerantzlaw.com<\/a>.<\/p>\n<p>CONTACT: <br \/><span class=\"xn-person\">Robert S. Willoughby<\/span><br \/>Pomerantz LLP <br \/><a target=\"_blank\" href=\"mailto:rswilloughby@pomlaw.com\" rel=\"nofollow noopener noreferrer\">rswilloughby@pomlaw.com<\/a> \u00a0<br \/>888-476-6529 ext. 7980<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC47219&amp;sd=2021-01-13\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-covia-holdings-corporation-fka-fairmount-santrol-holdings-inc--cviaq-301207165.html\">http:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-covia-holdings-corporation-fka-fairmount-santrol-holdings-inc&#8211;cviaq-301207165.html<\/a><\/p>\n<p>SOURCE  Pomerantz LLP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DC47219&amp;Transmission_Id=202101130302PR_NEWS_USPR_____DC47219&amp;DateId=20210113\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK, Jan. 13, 2021 \/PRNewswire\/ &#8212; Pomerantz LLP is investigating claims on behalf of investors of\u00a0Covia Holdings Corporation (f\/k\/a Fairmount Santrol Holdings Inc.) (&#8220;Covia&#8221; or the &#8220;Company&#8221;)\u00a0(NASDAQ: CVIAQ).\u00a0\u00a0 Such investors are advised to contact Robert S. Willoughby at \u00a0newaction@pomlaw.com or 888-476-6529, ext. 7980 The investigation concerns whether Covia and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.\u00a0 [Click here for information about joining the class action] On March 22, 2019, Covia disclosed receipt of a subpoena from the U.S. Securities and Exchange Commission (&#8220;SEC&#8221;) &#8220;seeking information relating to certain value-added proppants marketed and sold by&#8221; the Company.\u00a0On this news, Covia&#8217;s stock price fell $0.45 per share, or 6.9%, to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-covia-holdings-corporation-f-k-a-fairmount-santrol-holdings-inc-cviaq-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Covia Holdings Corporation (f\/k\/a Fairmount Santrol Holdings Inc.) &#8211; CVIAQ&#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-413733","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>SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Covia Holdings Corporation (f\/k\/a Fairmount Santrol Holdings Inc.) - CVIAQ - 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\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-covia-holdings-corporation-f-k-a-fairmount-santrol-holdings-inc-cviaq-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Covia Holdings Corporation (f\/k\/a Fairmount Santrol Holdings Inc.) - CVIAQ - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, Jan. 13, 2021 \/PRNewswire\/ &#8212; Pomerantz LLP is investigating claims on behalf of investors of\u00a0Covia Holdings Corporation (f\/k\/a Fairmount Santrol Holdings Inc.) (&#8220;Covia&#8221; or the &#8220;Company&#8221;)\u00a0(NASDAQ: CVIAQ).\u00a0\u00a0 Such investors are advised to contact Robert S. Willoughby at \u00a0newaction@pomlaw.com or 888-476-6529, ext. 7980 The investigation concerns whether Covia and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.\u00a0 [Click here for information about joining the class action] On March 22, 2019, Covia disclosed receipt of a subpoena from the U.S. Securities and Exchange Commission (&#8220;SEC&#8221;) &#8220;seeking information relating to certain value-added proppants marketed and sold by&#8221; the Company.\u00a0On this news, Covia&#8217;s stock price fell $0.45 per share, or 6.9%, to &hellip; Continue reading &quot;SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Covia Holdings Corporation (f\/k\/a Fairmount Santrol Holdings Inc.) &#8211; CVIAQ&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-covia-holdings-corporation-f-k-a-fairmount-santrol-holdings-inc-cviaq-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-13T08:05:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC47219&amp;sd=2021-01-13\" \/>\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\\\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-covia-holdings-corporation-f-k-a-fairmount-santrol-holdings-inc-cviaq-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-covia-holdings-corporation-f-k-a-fairmount-santrol-holdings-inc-cviaq-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Covia Holdings Corporation (f\\\/k\\\/a Fairmount Santrol Holdings Inc.) &#8211; 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Pomerantz LLP is investigating claims on behalf of investors of\u00a0Covia Holdings Corporation (f\/k\/a Fairmount Santrol Holdings Inc.) (&#8220;Covia&#8221; or the &#8220;Company&#8221;)\u00a0(NASDAQ: CVIAQ).\u00a0\u00a0 Such investors are advised to contact Robert S. Willoughby at \u00a0newaction@pomlaw.com or 888-476-6529, ext. 7980 The investigation concerns whether Covia and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.\u00a0 [Click here for information about joining the class action] On March 22, 2019, Covia disclosed receipt of a subpoena from the U.S. Securities and Exchange Commission (&#8220;SEC&#8221;) &#8220;seeking information relating to certain value-added proppants marketed and sold by&#8221; the Company.\u00a0On this news, Covia&#8217;s stock price fell $0.45 per share, or 6.9%, to &hellip; Continue reading \"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Covia Holdings Corporation (f\/k\/a Fairmount Santrol Holdings Inc.) &#8211; CVIAQ\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-covia-holdings-corporation-f-k-a-fairmount-santrol-holdings-inc-cviaq-2\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-13T08:05:27+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC47219&amp;sd=2021-01-13","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\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-covia-holdings-corporation-f-k-a-fairmount-santrol-holdings-inc-cviaq-2\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-covia-holdings-corporation-f-k-a-fairmount-santrol-holdings-inc-cviaq-2\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Covia Holdings Corporation (f\/k\/a Fairmount Santrol Holdings Inc.) &#8211; 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