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Bronstein, Gewirtz & Grossman, LLC Announces Investigation of NiSource Inc. (NI)

ACCESSWIRE

NEW YORK, NY / ACCESSWIRE / March 18, 2019 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of NiSource Inc. (''NiSource'' or the ''Company'') (NI). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/ni.

The investigation concerns whether NiSource and certain of its officers and/or directors have violated federal securities laws.

On September 13, 2018, multiple gas explosions destroyed homes in Andover, North Andover, and Lawrence, Massachusetts, killing one person and injuring many more. Andover's Fire Chief then announced that investigators suspected over-pressurization of a gas main belonging to Columbia Gas of Massachusetts (''Columbia''), a unit of NiSource. Subsequently, NiSource's stock price fell $3.29 per share or 11.72% to close at $24.79 on September 14, 2018.

Then, on November 1, 2018, NiSource revealed that NiSource and Columbia ''are subject to a criminal investigation being conducted under the supervision of the U.S. Attorney's Office for the District of Massachusetts.'' NiSource revealed that the grand jury subpoenas were served on September 24, 2018.

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If you are aware of any facts relating to this investigation, or purchased NiSource shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/ni. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC



View source version on accesswire.com:
https://www.accesswire.com/539411/Bronstein-Gewirtz-Grossman-LLC-Announces-Investigation-of-NiSource-Inc-NI