SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Enservco Corporation of Class Action Lawsuit and Upcoming Deadline – ENSV

NEW YORK, July 09, 2022 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Enservco Corporation ("Enservco" or the "Company") (NYSE:ENSV ) and certain of its officers.   The class action, filed in the United States District Court for the District of Colorado, and docketed under 22-cv-01267, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Enservco securities between May 13, 2021 and April 18, 2022, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials. If you are a shareholder who purchased or otherwise acquired Enservco securities during the Class Period, you have until July 19, 2022 to ask the Court to appoint you as Lead Plaintiff for the class.  A copy of the Complaint can be obtained at www.pomerantzlaw.com .   To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. [Click here for information about joining the class action] Enservco, through its subsidiaries, provides well enhancement and fluid management services to the onshore oil and natural gas industry in the United States. Recently, the Company has employed several tactics in an apparent effort to strengthen its balance sheets.  For example, in August 2020, Enservco's Board of Directors approved a transaction to, inter alia , exchange 50% of the Company's subordinated debt with Cross River Partners, L.P. ("Cross River Partners"), a related party.  Enservco's Chief Executive Officer, Defendant Richard A. Murphy, is managing member of Cross River Capital Management, LLC, the general partner of Cross River Partners.  On February 3, 2021, Enservco exchanged the remaining ... Full story available on Benzinga.com