An investigation on behalf of current long term investors in Anadarko Petroleum Corporation (NYSE: APC) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 05/11/2020 -- An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Anadarko Petroleum Corporation.
Investors who are current long term investors in Anadarko Petroleum Corporation (NYSE: APC) 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 investors in NYSE: APC stocks follows a lawsuit filed against Anadarko Petroleum Corporation over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: APC stocks, concerns whether certain Anadarko Petroleum Corporation directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that the defendants misrepresented and/or failed to disclose that the value of the Shenandoah assets and the success of the Shenandoah appraisal wells were overstated, that Anadarko lacked effective internal control over financial reporting, and that as a result of the foregoing, the defendants' statements about Anadarko's Shenandoah assets lacked a reasonable basis.
Those who purchased shares of Anadarko Petroleum Corporation (NYSE: APC) 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.