NEW YORK, May 2, 2016 /PRNewswire/ -- Levi & Korsinsky announces it has commenced an investigation of Exterran Corporation ("Exterran" or the "Company") (NYSE: EXTN) concerning possible violations of federal securities laws.
On April 26, 2016, Exterran announced it will restate its consolidated and combined financial statements for 2015 and expects to delay the filing of its Form 10-Q for the quarter ended March 31, 2016. Following an internal investigation, the Company's Audit Committee determined that Exterran did not properly account for certain items relating to its Belleli Energy subsidiary during fiscal 2015. Furthermore, Exterran acknowledged that "During the preparation of its earnings report for the quarter ended March 31, 2016, Exterran's senior management identified possible errors relating to account principles for specific engineering, procurement and construction projects in the Middle East by Belleli during 2015." To obtain additional information about the investigation, go to: http://zlk.9nl.com/exterran-extn or contact Eduard Korsinsky, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation involving financial fraud, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
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SOURCE Levi & Korsinsky, LLP