Brooge

BROG

ATLANTA, GA – – (Globe Newswire – February 6, 2024) – – Holzer & Holzer, LLC informs investors that a shareholder class action lawsuit has been filed against Brooge Energy Limited f/k/a Brooge Holdings Limited f/k/a Twelve Seas Investment Company (“Brooge” or “the Company”) (NASDAQ: BROG). The lawsuit alleges Defendants made materially false and misleading statements and/or failed to disclose material adverse information regarding its business, operations, and prospects, including allegations that: (1) Brooge materially overstated its revenues because it never received any revenues from BIA, as well as another fictitious customer; (2) Brooge engaged in a complex pattern of payments with BIA to create the illusion of revenues from BIA and another customer that had no knowledge of the fraud; (3) Brooge misled its auditors and the Securities and Exchange Commission about its fraudulent activities; and (4) Brooge lacked internal controls.

If you bought Brooge shares between November 25, 2019 and December 21, 2023, and suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at cholzer@holzerlaw.com, by toll-free telephone at (888)-508-6832 or, you may visit the firm’s website at www.holzerlaw.com/case/brooge/ to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is April 5, 2024.

Registration Deadline

Lead Plaintiff Deadline Has Passed

April 5, 2024

Submit Your Information

Name(Required)
Address
Shares Purchased(Required)
Date of Shares Purchased
Number of Shares Acquired
Acquisition Price Per Share
 
Shares Sold
Date of Shares Sold
Number of Shares Sold
Selling Price Per Share