Izadjoo v. Helix Energy Solutions Group, Inc.
District Court, S.D. Texas
1Opinion of the Court
*501MEMORANDUM AND OPINION
Lee H. Rosenthal, Chief United States District Judge
The putative class members in this federal securities action are investors in Houston-based Helix Energy .Solutions Group, Inc., an off-shore energy services company. The plaintiffs allege that during the period from October 21, 2014 to July 21, 2015, Helix misrepresented the length of time that one of its well intervention vehicles would be idle during 2015. In July 2015, Helix reported that the vessel’s time in a dry. dock lasted 64 days instead of the estimated 45 days. Helix also reported revenue losses and a…
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