Pomerantz Haudek Grossman & Gross LLP is investigating claims on behalf of investors of Veolia Environnement S.A. who purchased Veolia American Depositary Shares during the period between April 27, 2007 and August 4, 2011.
The company through Bearly valley electric services provides electric service to the City of Big Bear Lake and surrounding areas in San Bernardino County.
The stock last traded at $10.55, down from its previous close of $11.01. Separately, analysts at Deutsche Bank downgraded shares of Veolia Environnement from a "buy" rating to a "hold" rating in a research note to investors on Wednesday, December 7th.
Pre-stressed Concrete Cylinder Pipe was once the most common material used by many water authorities for large diameter water transmission mains nationwide.
"These new contracts keep our backlog above the $30 million mark and will contribute to drive revenues in the coming quarters as we execute the numerous projects in our backlog.
