NEW YORK, July 16, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of CenterPoint Energy, Inc. (“CenterPoint” or “the Company”) (NYSE: CNP). Investors who purchased CenterPoint securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/CNP.
Investigation Details
On July 8, 2024, Hurricane Beryl made landfall in Texas as a Category 1 storm. The impact of the storm left roughly 2.2 million CenterPoint customers without power. Six days after the storm, some 270,000 homes and businesses in the Houston area were still without power. At a press conference on July 14, 2024, Texas Governor Greg Abbott said that he was demanding an investigation into CenterPoint’s response to Hurricane Beryl. Among other comments, Governor Abbott said that CenterPoint did not have “an adequate number of workers pre-staged” before the storm hit. On this news, CenterPoint’s stock price fell $2.02 per share, or 6.67%, to close at $28.28 per share on July 15, 2024.
What's Next?
If you are aware of any facts relating to this investigation or purchased CenterPoint securities, you can assist this investigation by visiting the firm’s site: bgandg.com/CNP. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
There is No Cost to You
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
Attorney advertising. Prior results do not guarantee similar outcomes.
Contact
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | info@bgandg.com