BROG - Brooge Energy (BROG) and Former Executives Face Additional Potential Liability to Investors for Revenue Inflation and Falsifying Records – Hagens Berman | Benzinga

SAN FRANCISCO, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Brooge Energy Limited (NASDAQ:BROG) investors who suffered substantial losses to submit your losses now.

Class Period: Nov. 25, 2019 – Dec. 21, 2023
Lead Plaintiff Deadline: Apr. 5, 2024
Visit: www.hbsslaw.com/investor-fraud/brog
Contact An Attorney Now: BROG@hbsslaw.com
                                           844-916-0895

Brooge Energy Limited (BROG) Securities Fraud Class Action:

On Dec. 21, 2023, the SEC announced that it had resolved fraud charges brought against Brooge Energy Limited, and its former CEO, Nicolaas Lammert Paardenkooper, and Lina Saheb, who served as Chief Strategy Officer and Interim CEO.

Brooge Energy consented to a settlement with the SEC, acknowledging violations of numerous federal securities law provisions, including antifraud and reporting requirements. The company was fined $5 million. Paardenkooper and Saheb also settled, agreeing to pay $100,000 each in civil penalties and accepting permanent bans from serving as ...

BROG) and Former Executives Face Additional Potential Liability to Investors for Revenue Inflation and Falsifying Records – Hagens Berman>Full story available on Benzinga.com