Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

RENEWABLE ENERGY GROUP, INC.

(REGI)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

RENEWABLE ENERGY INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Renewable Energy Group, Inc. - REGI

07/31/2021 | 10:54am EDT

Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Renewable Energy Group, Inc. (NasdaqGS: REGI).

On February 25, 2021, the Company announced its 4Q and full year 2020 financial results, disclosing that it would restate “$38.2 million in cumulative revenue from January 2018 through September 30, 2020” because it was not the “proper claimant for certain BTC payments on biodiesel it sold between January 1, 2017 and September 30, 2020,” and that it had reached an agreement with the Internal Revenue Service “on a $40.5 million assessment, excluding interest” as a result.

Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information during the Class Period, violating federal securities laws, which is ongoing.

KSF’s investigation is focusing on whether Renewable Energy’s officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.

If you have information that would assist KSF in its investigation, or have been a long-term holder of Renewable Energy shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nasdaqgs-regi/ to learn more.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana.

To learn more about KSF, you may visit www.ksfcounsel.com.


ę Business Wire 2021
All news about RENEWABLE ENERGY GROUP, INC.
10/14RENEWABLE ENERGY : Breaks Ground on Geismar, Louisiana Renewable Diesel Expansion and Impr..
BU
10/14Renewable Energy Group Breaks Ground on Geismar, Louisiana Renewable Diesel Expansion a..
CI
10/08RENEWABLE ENERGY INVESTIGATION CONTI : Kahn Swick & Foti, LLC Continues to Investigate the..
BU
10/05RENEWABLE ENERGY : Collaborates with Iowa State University on Hydrotreater Pilot Plant
BU
10/05Renewable Energy Group Collaborates with Iowa State University on Hydrotreater Pilot Pl..
CI
10/04RENEWABLE ENERGY : Extends, Increases Credit Line
MT
10/04RENEWABLE ENERGY : Announces Closure of Houston Biodiesel Plant
PU
10/04RENEWABLE ENERGY GROUP, INC. : Entry into a Material Definitive Agreement (form 8-K)
AQ
10/04REG Services Group, LLC and REG Marketing & Logistics, LLC Enters into Amendment No. 17..
CI
10/04RENEWABLE ENERGY : Increases Line of Credit to $250 Million
BU
More news
Analyst Recommendations on RENEWABLE ENERGY GROUP, INC.
More recommendations
Financials (USD)
Sales 2021 3 033 M - -
Net income 2021 219 M - -
Net cash 2021 107 M - -
P/E ratio 2021 11,4x
Yield 2021 -
Capitalization 2 662 M 2 662 M -
EV / Sales 2021 0,84x
EV / Sales 2022 0,98x
Nbr of Employees 895
Free-Float 86,5%
Chart RENEWABLE ENERGY GROUP, INC.
Duration : Period :
Renewable Energy Group, Inc. Technical Analysis Chart | REGI | US75972A3014 | MarketScreener
Technical analysis trends RENEWABLE ENERGY GROUP, INC.
Short TermMid-TermLong Term
TrendsBullishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 13
Last Close Price 53,00 $
Average target price 82,08 $
Spread / Average Target 54,9%
EPS Revisions
Managers and Directors
Cynthia J. Warner President, Chief Executive Officer & Director
Richard Craig Bealmear Chief Financial Officer
Jeffrey Stroburg Chairman
Christopher D. Sorrells Lead Independent Director
Randolph L. Howard Independent Director
Sector and Competitors
1st jan.Capi. (M$)
RENEWABLE ENERGY GROUP, INC.-25.16%2 662
VERBIO VEREINIGTE BIOENERGIE AG99.51%4 490
ITM POWER PLC-12.56%3 419
NEL ASA-52.95%2 365
GREEN PLAINS INC.170.84%1 858
GEVO, INC.52.00%1 278