An investigation for investors in Halcon Resources Corp (NYSE:HK) shares over potential securities laws violations by Halcon Resources was announced and NYSE:HK stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 05/26/2017 -- An investigation on behalf of investors of Halcon Resources Corp (NYSE:HK) shares over potential securities laws violations by Halcon Resources and certain of its directors and officers in connection with certain financial statements was announced.
Investors who purchased shares of Halcon Resources Corp (NYSE:HK), have certain options and should contact the Shareholders Foundation at email@example.com or call 858-779-1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Halcon Resources Corp (NYSE:HK) concerning whether a series of statements by Halcon Resources Corp regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Houston, TX based Halcon Resources Corporation is an independent energy company that is focused on the acquisition, production, exploration and development of onshore liquids-rich oil and natural gas assets in the United States. Halcon Resources Corp reported that its annual Total Revenue declined from over $1.14 billion in 2014 to $420.20 million in 2106 and that its Net Income of $315.96 million in 2014 fell to a Net Loss of $467.24 million in 2016. Shares of Halcon Resources Corp (NYSE:HK) declined from $11.13 per share in October 2016 to $6.32 per share on May 4, 2017.
On May 25, 2017, NYSE:HK shares closed at $6.65 per share.
Those who purchased shares of Halcon Resources Corp have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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