Guaranty Bancorp (NasdaqGS: GBNK)

Former United States Securities and Exchange Commission attorney Willie Briscoe is investigating potential claims against the Board of Directors of Guaranty Bancorp (“Guaranty”) (NasdaqGS: GBNK) concerning the sale to Independent Bank group, Inc. (NasdaqGS: IBTX). Under the terms of the agreement, Guaranty shareholders will only receive 0.45 shares of Independent Bank Group for each share of Guaranty owned. The consideration is valued at approximately $35.37, which is virtually no premium over the 52-week high and lower than at least one analyst’s estimated value of $39.00 per share.

If you are an affected investor, and you want to learn more about the investigation or if you have information that you believe would be helpful to our investigation of the fairness of the proposed transaction, contact Willie Briscoe at The Briscoe Law Firm, PLLC via email at shareholders@thebriscoelawfirm.com or by calling (888) 809-2750. There is no cost or fee to you.

The investigation centers on whether Guaranty’s Board of Directors is acting in the shareholders’ best interests, whether the board considered alternatives to the acquisition, and whether the board has employed an adequate process to review and act on the proposed transaction. Notably, at least one analyst with Yahoo! Finance believes the true inherent value of the stock could be as high as $39.00.

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Ormat Technologies (NYSE: ORA)

Former United States Securities and Exchange Commission attorney Willie Briscoe, founder of The Briscoe Law Firm, PLLC, has launched an investigation of Ormat Technologies (“Ormat”) (NYSE: ORA) and several officers and directors for possible violations of federal securities laws.

The firm is investigating potential legal claims against the officers and Board of Directors of Ormat. If you are an affected Ormat shareholder and want to learn more about the investigation, contact Willie Briscoe at The Briscoe Law Firm, PLLC via email at shareholders@thebriscoelawfirm.com, or call toll free at (888) 809-2750. There is no cost or fee to you.

The firm seeks to determine if the defendants violated certain provisions of the Securities Exchange Act of 1934. Specifically, the investigation relates to the 10-Q filed by Ormat on May 11, 2018, disclosing the discovery of “an error in the Company’s financial statement presentation of deferred income tax liabilities” which would affect the Company’s balance sheets in previous periods. Then on May 16, 2018, Ormat announced that investors should no longer rely on its previously issued financial statements for the second, third and fourth quarters of 2017 and full-year 2017.

The Briscoe Law Firm, PLLC is a full service business litigation, commercial transaction, and public advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Fluor Corporation (NYSE: FLR)

Former United States Securities and Exchange Commission attorney Willie Briscoe, founder of The Briscoe Law Firm, PLLC, has launched an investigation of Fluor Corporation (“Fluor”) (NYSE: FLR) and several officers and directors for possible violations of federal securities laws.

The firm is investigating potential legal claims against the officers and Board of Directors of Fluor. If you are an affected Fluor shareholder and want to learn more about the investigation, contact Willie Briscoe at The Briscoe Law Firm, PLLC via email at shareholders@thebriscoelawfirm.com, or call toll free at (888) 809-2750. There is no cost or fee to you.

The firm seeks to determine if the defendants violated certain provisions of the Securities Exchange Act of 1934. Specifically, the investigation relates to Fluor’s May 3, 2018, announcement of its first quarter 2018 financial results, disclosing an after-tax charge of approximately $96 million for forecast revision on a gas-fired power project. Fluor revised its 2018 guidance for Earnings Per Share to $2.10-$2.50 per diluted share. Following this news, shares of Fluor fell more than 22% to close at $45.76 per share on May 4, 2018.

The Briscoe Law Firm, PLLC is a full service business litigation, commercial transaction, and public advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Symantec Corporation (NasdaqGS: SYMC)

Former United States Securities and Exchange Commission attorney Willie Briscoe, founder of The Briscoe Law Firm, PLLC, announces that a federal class action lawsuit has been filed against Symantec Corporation (“Symantec” or “Company”) (NasdaqGS: SYMC) and several officers and directors for acts taken during the period of May 19, 2017 and May 10, 2018 (the “Class Period”).

Based upon the allegations in the class action, the firm is investigating additional legal claims against the officers and Board of Directors of Symantec. If you are an affected Symantec shareholder and want to learn more about the lawsuit or join the action, contact Willie Briscoe at The Briscoe Law Firm, PLLC via email at shareholders@thebriscoelawfirm.comor call toll free at (888) 809-2750. There is no cost or fee to you.

According to the complaint, the defendants are alleged to have violated certain provisions of the Securities Exchange Act of 1934. Specifically, the complaint alleges, among other things, that defendants issued false and/or misleading statements and/or failed to disclose the following: (1) Symantec’s internal controls over financial reporting were materially weak and deficient; (2) Symantec later disclosed “reporting of certain Non-GAAP measures including those that could impact executive compensation programs” would lead to heightened regulatory scrutiny by the SEC; and (3) as a result, Symantec’s public statements were materially false and misleading at all relevant times.

On May 10, 2018, after the market closed, Symantec disclosed that its Audit Committee had commenced an investigation “in connection with concerns raised by a former employee” and that the Company had advised the Securities and Exchange Commission (“SEC”) of the investigation. Symantec further disclosed that it was “unlikely that the investigation will be completed in time for the Company to file its annual report on Form 10-K for the fiscal year ended March 30, 2018, in a timely manner.” When this news was revealed to the market, the Company’s stock dropped significantly.

The Briscoe Law Firm, PLLC is a full service business litigation, commercial transaction, and public advocacy firm with more than 20 years of experience in complex litigation and transactional matters.