An Opportunity Awaits BAER Investors
A national shareholder rights litigation firm, The Schall Law Firm, has set its sights on Bridger Aerospace Group Holdings, Inc. (“Bridger” or “the Company”), particularly the investors holding BAER shares on NASDAQ. The firm is looking into potential violations of securities laws that may have occurred.
The investigation revolves around suspicions that the Company may have disseminated false or misleading information, or potentially neglected to disclose critical details that investors should have been privy to. It all came to light after Bridger revealed in a SEC filing dated July 1, 2024, that an error had been caught in the calculation of diluted earnings per share (EPS). This miscalculation influenced the Company’s previously issued financial statements, dating back to the year ended December 31, 2023, and the unaudited interim financial statements for the initial three quarters of the same year.
The error stemmed from a misinterpretation of net income attributable to common stockholders – diluted (numerator) and differences in the weighted average common stock outstanding – diluted (denominator) for calculating diluted EPS across various time periods in 2023. Bridger plans to rectify these blunders by restating the impacted financial results promptly.
If you have incurred losses as a shareholder due to these discrepancies, you are invited to engage in the investigative process by accessing the provided link.
Furthermore, the Schall Law Firm advises affected parties to get in touch with Brian Schall to better understand their rights, free of charge. Brian Schall can be reached at 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, or through the firm’s website and email.
Recognized for its expertise in securities class action lawsuits and shareholder rights litigation, The Schall Law Firm extends its services to investors globally.
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View source version on businesswire.com:
https://www.businesswire.com/news/home/20240801758919/en/
