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Follow on Google News | Hyperdynamics Corporation Long Term Investor Investigation over possible WrongdoingAn investigation on behalf of current long term investors in Hyperdynamics Corporation shares was announced and NYSE-HDY stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com
Investors who are current long term stockholders in shares of Hyperdynamics Corporation shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm for current long term investors in Hyperdynamics Corporation stocks follows a lawsuit filed earlier by shareholders who purchased Hyperdynamics Corporation shares only between February 17, 2011 and February 15, 2012. . The investigation on behalf of current long term investors in Hyperdynamics Corporation stocks, including also those who purchased within or prior to the above stated time frame, concerns whether certain Hyperdynamics officers and directors are liable in connection with the allegations made in that lawsuit. According to that complaint filed in the U.S. District Court for the Southern District of Texas the plaintiff alleges that Hyperdynamics violated the Securities Exchange Act of 1934 by issuing allegedly materially false and misleading statements regarding Hyperdynamics’ In December 2011 Hyperdynamics announced drilling delays on its Sabu-1 well. Then 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 over $5 per share on November 2011 to as low as $0.84 on April 13, 2012. Those who are current long term stockholders in shares of Hyperdynamics Corporation shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. End
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