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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Ecopetrol SA Investors

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Ecopetrol SA Investors

NEW YORK, July 10, 2024 /PRNewswire/ — Pomerantz LLP is investigating claims on behalf of investors in Ecopetrol SA (“Ecopetrol” or the “Company”) (NYSE: EC). Such investors are advised to contact Danielle Peyton at (email protected) or 646-581-9980, extension 7980.

The investigation concerns whether Ecopetrol and some of its officers and/or directors engaged in securities transactions. Fraud or other unlawful business practices.

(Click here for information on joining the class action lawsuit.)

At May 22, 2024Ecopetrol issued a press release reporting that between May 3, 2024 And May 9, 2024the Company and its subsidiaries Cenit Transporte y Logística de Hidrocarburos SAS (‘CENIT’) and Oleoducto Central SA (‘Ocensa’) were informed that Colombia’s “The Superintendency of Industry and Commerce (SIC) launched an investigation and formulated charges to determine allegedly Violations of the laws protecting free economic competition”.

Following this news, the price of Ecopetrol’s American Depositary Receipt (“ADR”) fell 0.41 USD per ADR or 3.34%, closing at 11,88 € via ADR on May 22, 2024.

Pomerantz LLP, with offices in new York, Chicago, Los Angeles, London, ParisAnd Tel-Avivis considered one of the leading law firms in the areas of corporate, securities and antitrust litigation. Founded by the late Abraham L. PomerantzKnown as the dean of class action lawyers, Pomerantz was a pioneer in the field of securities class action litigation. Today, more than 85 years later, Pomerantz continues the tradition he established and fights for the rights of securities litigation victims. FraudBreach of fiduciary duty and corporate misconduct. The firm has won billions of dollars in damages on behalf of class action plaintiffs. See www.pomlaw.com.

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CONTACT:
Danielle Peyton
Pomerantz LLP
(email protected)
646-581-9980 extension 7980

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