(2)
NEW YORK, Jan. 31, 2021 /PRNewswire/ Pomerantz LLP is investigating claims on behalf of investors of Covia Holdings Corporation (f/k/a Fairmount Santrol Holdings Inc.) ( Covia or the Company ) (NASDAQ: CVIAQ). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Covia and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On March 22, 2019, Covia disclosed receipt of a subpoena from the U.S. Securities and Exchange Commission ( SEC ) seeking information relating to certain value-added proppants marketed and sold by the Company. On this news, Covia s stock price fell $0.45 per share, or 6.9%, to close at $6.05 per share on March 25, 2019.