• Bernstein Liebhard LLP announced a new investigation today into potential breaches of fiduciary duties by Babcock & Wilcox Enterprises' directors and officers.
  • This adds to existing class action securities lawsuits and questions surrounding the company's $2.4 billion Base Electron contract, which has been the subject of prior short-seller reports.
  • The stock is down 5.7% at $10.28 today, reflecting these heightened legal and short-seller concerns.