SOURCE: Levi & Korsinsky, LLP

Levi & Korsinsky, LLP

November 18, 2014 16:55 ET

WG SHAREHOLDER ALERT: LEVI & KORSINSKY, LLP Reminds Investors of Class Action Against Willbros Group Inc. and Its Board of Directors and a Lead Plaintiff Deadline of December 29, 2014 -- WG

NEW YORK, NY--(Marketwired - Nov 18, 2014) - Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of Texas on behalf of investors who purchased Willbros Group, Inc. ("Willbros" or the "Company") (NYSE: WG) securities between August 4, 2013 through October 21, 2014.

For more information, click here: http://zlk.9nl.com/willbros-group-wg.

The complaint alleges that the Company made false and/or misleading statements and/or failed to disclose material adverse facts regarding the Company's business, operations, and prospects.

On October 21, 2014 the Company announced it would restate certain financial statements after identifying $22 million to $24 million in losses caused by the deterioration of a "significant pipeline construction project." The Company also noted that its Audit Committee is evaluating the sufficiency of Willbros' internal controls.

If you suffered a loss in Willbros you have until December 29, 2014 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/willbros-group-wg.  

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information

  • CONTACT:
    Levi & Korsinsky, LLP
    Joseph Levi, Esq.
    Eduard Korsinsky, Esq.
    30 Broad Street - 24th Floor
    New York, NY 10004
    Tel: (212) 363-7500
    Toll Free: (877) 363-5972
    Fax: (866) 367-6510
    www.zlk.com