Lundin Law PC announces a class action lawsuit has been filed against Teekay Corporation ("Teekay" or the "Company") (NYSE: TK) concerning possible violations of federal securities laws between June 30, 2015 and December 17, 2015. Investors who purchased or otherwise acquired shares during the Class Period should contact the Firm in advance of the May 2, 2016, lead plaintiff motion deadline.

For more information or to participate, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via e-mail at

No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.

According to the complaint, the Company failed to disclose that: (1) Teekay's repeated assurances that it would maintain a quarterly dividend of at least $0.55 per share were baseless; and (2) Teekay was aware that it could not support future dividend payments in excess of $0.55 per share.

Lundin Law PC was created by Brian Lundin, a securities litigator based in Los Angeles.

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

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