SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Oceaneering International, Inc. - OII

NEW YORK, Aug. 3, 2020 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Oceaneering International, Inc. ("Oceaneering" or the "Company") (NYSE: OII).  Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.

The investigation concerns whether Oceaneering and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action] 

On July 29, 2020, Oceaneering issued a press release announcing the Company's financial results for the second quarter of 2020.  Among other results, Oceaneering reported revenue of $427.22 million, missing consensus estimates by roughly $31 million. 

On this news, Oceaneering's stock price fell $0.54 per share, or 8.71%, to close at $5.66 per share on July 30, 2020.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, 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 www.pomerantzlaw.com.

CONTACT:
Robert S. Willoughby
Pomerantz LLP
[email protected]
888-476-6529 ext. 7980

SOURCE Pomerantz LLP