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PROPETRO INVESTIGATION CONTINUED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of ProPetro Holding Corp. - PUMP

ProPetro Holding Corp. (PUMP) 
Last propetro holding corp. earnings: 3/31 04:54 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.propetroservices.com
Company Research Source: Business Wire
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF continues its investigation into ProPetro Holding Corp. (NYSE: PUMP).On August 8, 2019, the Company disclosed a delay to its second quarter earnings report due to an ongoing review by its audit committee involving improper expense reimbursements of approximately $370,000 to executives, undisclosed related-party transactions, and a potential material weakness in its internal control over disclosure. Then, on October 18, 2019, news agencies reported that the company was the target of an investigation by the U.S. Securities and Exchange Commission (“SEC”) relating to its financial disclosures. Finally, on November 13, 2019, the Company confirmed the SEC investigation and also revealed previously-undisclosed related-party transactions totaling $3.6 million as well as “at least two material weaknesses that result Show less Read more
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