An investigation on behalf of investors in Talos Energy Inc. (NYSE: TALO) shares over potential wrongdoing at Talos Energy Inc. was announced.
San Diego, CA -- (SBWIRE) -- 03/23/2020 -- An investigation was announced for investors in NYSE: TALO shares over potential breaches of fiduciary duties by certain Talos Energy directors.
Investors who purchased shares of Talos Energy Inc. (NYSE: TALO) 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 concerns whether certain Talos Energy Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
Houston, TX based Talos Energy Inc., an independent exploration and production company, focuses on the exploration and production in the United States Gulf of Mexico and offshore Mexico. Talos Energy Inc. reported that its annual Total Revenue rose from $412.82 million in 2017 to $891.28 million in 2018 and that its Net Loss of $62.86 million in 2017 turned into a Net Income of $221.54 million in 2018.
Shares of Talos Energy Inc. (NYSE: TALO) declined from $31.34 per share on January 7, 2020 to as low as $5.74 per share on March 16, 2020.
Those who purchased shares of Talos Energy Inc. (NYSE: TALO) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
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. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.