Follow on Google News News By Tag * Hdy * NYSE:HDY * Hyperdynamics * Hyperdynamics Corp * Hyperdynamics Corporation * Nyse * Investor * More Tags... Industry News News By Location Country(s) Industry News
Follow on Google News | Hyperdynamics Corporation Investor Investigation over possible Securities Laws ViolationsAn investigation for shareholders of Hyperdynamics Corporation over possible securities laws violations was announced and NYSE-HDY stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com
If you purchased shares of Hyperdynamics Corporation , you have certain options and you should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Hyperdynamics Corporation concerning whether the company, certain of its officers and directors, or others have possibly violated federal securities laws. Specifically, the investigation concerns whether certain statements Hyperdynamics’ On March 25, 2011, Hyperdynamics Corporation announced the public offering of 25million shares of Hyperdynamics' common stock priced at $5.00 per share, for gross proceeds of $144,000,000. On July 8, 2011, Hyperdynamics Corporation announced that it would be listed on the New York Stock Exchange on or around July 11, 2011. Hyperdynamics' president and CEO Ray Leonard stated that the move was planned so as "to build shareholder value for the long term." After hours on November 8, 2011, Hyperdynamics Corporation announced that its Q3 2011 net loss had increased to $4.38M, 52% above the prior year's losses, for a quarterly EPS of -$0.03. This exceeded analysts' expectations of a Q3 loss of -$0.02 EPS. Between market close on November 8, 2011 and market close on November 9, 2011, Hyperdynamics' share price fell by $1.33, or almost 25%, to $4.06. On December 14, 2011, Hyperdynamics announced drilling delays on its Sabu-1 well. On January 30, 2012, Hyperdynamics Corporation announced that it would raise $30 Million in a Registered Direct Offering. On February 15, 2012, Hyperdynamics issued a press release announcing that it "Encounters Oil Shows in Sabu-1 Well Offshore Guinea-Conakry." Shares of Hyperdynamics Corporation dropped from $2.18 on Wednesday to $1.05 on Thursday and closed Friday, February 17, 2012 at$1.38 per share. Those who purchased shares of Hyperdynamics Corporation , have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. # # # The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon. End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|