INVESTOR ALERT: Brower Piven Encourages Shareholders Who Have Losses in Excess of $100,000 from Investment in PG&E Corporation to Contact Brower Piven before the Lead Plaintiff Deadline in Class Action Lawsuit | Financial Buzz

INVESTOR ALERT: Brower Piven Encourages Shareholders Who Have Losses in Excess of $100,000 from Investment in PG&E Corporation to Contact Brower Piven before the Lead Plaintiff Deadline in Class Action Lawsuit

The securities litigation law firm of Brower Piven, A Professional
Corporation, announces that a class action lawsuit has been commenced in
the United States District Court for the Northern District of California
on behalf of purchasers of PG&E Corporation (NYSE: PCG) (“PG&E” or the
“Company”) securities during the period between April 29, 2015 and June
8, 2018, inclusive (the “Class Period”). Investors who wish to become
proactively involved in the litigation have until August 13, 2018 to
seek appointment as lead plaintiff.

If you wish to choose counsel to represent you and the class, you must
apply to be appointed lead plaintiff and be selected by the Court. The
lead plaintiff will direct the litigation and participate in important
decisions including whether to accept a settlement for the class in the
action. The lead plaintiff will be selected from among applicants
claiming the largest loss from investment in PG&E securities during the
Class Period. Members of the class will be represented by the lead
plaintiff and counsel chosen by the lead plaintiff. No class has yet
been certified in the above action.

The complaint accuses the defendants of violations of the Securities
Exchange Act of 1934 by virtue of the defendants’ failure to disclose
during the Class Period that PG&E had failed to maintain electricity
transmission and distribution networks in compliance with safety
requirements and regulations promulgated under state law, and its
electricity networks would cause numerous wildfires in California.

According to the complaint, following a June 9, 2018 article reporting
that following an investigation into the causes of wildfires in October
2017, California’s fire agency found evidence of alleged violations of
law by PG&E in connection with the fires and that PG&E equipment caused
at least 12 of the wine country blazes, the value of PG&E shares
declined significantly.

If you have suffered a loss in excess of $100,000 from investment in
PG&E securities purchased on or after April 29, 2015 and held through
the revelation of negative information during and/or at the end of the
Class Period and would like to learn more about this lawsuit and your
ability to participate as a lead plaintiff, without cost or obligation
to you, please contact Brower Piven either by email at hoffman@browerpiven.com
or by telephone at (410) 415-6616.

Attorneys at Brower Piven have extensive experience in litigating
securities and other class action cases and have been advocating for the
rights of shareholders since the 1980s. If you choose to retain counsel,
you may retain Brower Piven without financial obligation or cost to you,
or you may retain other counsel of your choice. You need take no action
at this time to be a member of the class.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180623005005/en/