Cases
Warren Resources, Inc. (NASDAQ : WRES)
Securities Class Action
Overview
Overview
- Date:
- 8/15/2016
- Company Name:
- Warren Resources, Inc.
- Stock Symbol:
- WRES
- Class Period:
- FROM 11/4/2014 TO 6/2/2016
- Status:
- Closed/Complete
- Court:
- U.S. District Court: Colorado
NEW YORK, August 15, 2016 – Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the United States District Court for the Colorado District Court on behalf of all persons or entities who acquired Warren Resources, Inc. (NASDAQ: WRES) securities between November 4, 2014 to June 2, 2016 (the “Class Period”).
The lawsuit alleges that certain of Warren's executive officers violated Sections 10(b) and 20(a) of the Securities Exchange Act by making materially misleading misrepresentations and omissions that Warren was "well positioned" to "ride out" and "successfully navigate" the "market fluctuations," when, in fact, Warren was becoming increasingly insolvent. Warren filed for Chapter 11 bankruptcy on June 2, 2016. Plaintiff seeks to recover money damages on behalf of all purchasers of Warren common stock during the November 4, 2014 to June 2, 2016 class period.
If you acquired Warren Resources, Inc. securities during the Class Period, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters please contact Melissa A. Fortunato, Esq. by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
The lawsuit alleges that certain of Warren's executive officers violated Sections 10(b) and 20(a) of the Securities Exchange Act by making materially misleading misrepresentations and omissions that Warren was "well positioned" to "ride out" and "successfully navigate" the "market fluctuations," when, in fact, Warren was becoming increasingly insolvent. Warren filed for Chapter 11 bankruptcy on June 2, 2016. Plaintiff seeks to recover money damages on behalf of all purchasers of Warren common stock during the November 4, 2014 to June 2, 2016 class period.
If you acquired Warren Resources, Inc. securities during the Class Period, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters please contact Melissa A. Fortunato, Esq. by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.