News Image

Securities Fraud Investigation Into Sempra (SRE) Announced – Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm

Provided By Business Wire

Last update: Feb 26, 2025

Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Sempra (“Sempra” or the “Company”) (NYSE: SRE) investors concerning the Company’s possible violations of the federal securities laws.

IF YOU ARE AN INVESTOR WHO LOST MONEY ON SEMPRA (SRE), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.

What Is The Investigation About?

On February 25, 2025, before the market opened, Sempra released its fourth quarter and full year 2024 financial results, reporting $3.76 billion in annual revenue, which missed consensus estimates by $970 million. The Company also lowered its 2025 earnings guidance to $4.50 per share at the midpoint, compared to the previous outlook of $5.00 per share at the midpoint. The Company blamed the disappointing results on, among other things, “higher interest and operating expenses and lower consumption primarily due to mild weather.”

On this news, Sempra’s stock price fell $16.54, or 19%, to close at $70.64 per share on February 25, 2025, thereby injuring investors.

Contact Us To Participate or Learn More:

If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.

Charles Linehan, Esq.,

Glancy Prongay & Murray LLP,

1925 Century Park East, Suite 2100,

Los Angeles, California 90067

Email: shareholders@glancylaw.com

Telephone: 310-201-9150 (Toll-Free: 888-773-9224)

Visit our website at www.glancylaw.com.

Follow us for updates on LinkedIn, Twitter, or Facebook.

Whistleblower Notice

Persons with non-public information regarding Sempra should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program. Under the program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Charles H. Linehan at 310-201-9150 or 888-773-9224 or email shareholders@glancylaw.com.

About Glancy Prongay & Murray LLP

Glancy Prongay & Murray LLP (“GPM”) is a premier law firm representing investors and consumers in securities litigation and other complex class action litigation. GPM has been consistently ranked in the Top 50 Securities Class Action Settlements by ISS Securities Class Action Services. In 2018, GPM was ranked a top five law firm in number of securities class action settlements, and a top six law firm for total dollar size of settlements.

With four offices across the country, GPM’s nearly 40 attorneys have won groundbreaking rulings and recovered billions of dollars for investors and consumers in securities, antitrust, consumer, and employment class actions. GPM’s lawyers have handled cases covering a wide spectrum of corporate misconduct and relating to nearly all industries and sectors. GPM’s past successes have been widely covered by leading news and industry publications such as The Wall Street Journal, The Financial Times, Bloomberg Businessweek, Reuters, the Associated Press, Barron’s, Investor’s Business Daily, Forbes, and Money.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250226329534/en/

SEMPRA

NYSE:SRE (2/26/2025, 8:08:33 PM)

After market: 73.25 +0.4 (+0.55%)

72.85

+2.21 (+3.13%)



Find more stocks in the Stock Screener

SRE Latest News and Analysis

ChartMill News Image11 hours ago - ChartmillWhich S&P500 stocks have an unusual volume on Wednesday?

Curious about which S&P500 stocks are generating unusual volume on Wednesday? Find out below.

Mentions: INTU SMCI FSLR WDAY ...

ChartMill News Imagea day ago - ChartmillWhich S&P500 stocks are moving on Tuesday?

Let's have a look at what is happening on the US markets one hour before the close of the markets on Tuesday. Below you can find the top S&P500 gainers and losers in today's session.

Mentions: DVN ARE MOH BSX ...

ChartMill News Imagea day ago - ChartmillExplore the top gainers and losers within the S&P500 index in today's session.

Join us in exploring the top gainers and losers within the S&P500 index in the middle of the day on Tuesday as we examine the latest happenings in today's session.

Mentions: CE ARE MOH ISRG ...

ChartMill News Image2 days ago - ChartmillThese S&P500 stocks are gapping in today's session

Curious about the S&P500 stocks that are gapping on Tuesday? Explore the gap up and gap down stocks in the S&P500 index during today's session.

Mentions: ISRG PODD SMCI INTC ...

Follow ChartMill for more