QEP Resources Inc (NYSE:QEP) Investor Alert: Investigation over Potential Wrongdoing

An investigation on behalf of investors in QEP Resources Inc (NYSE:QEP) shares over potential wrongdoing at QEP Resources was announced and NYSE:QEP stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

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San Diego, CA -- (SBWire) -- 10/27/2014 --An investigation on behalf of current long-term investors in shares of QEP Resources Inc (NYSE:QEP) shares was announced over potential breaches of fiduciary duties by certain officers and directors at QEP Resources.

Investors who purchased shares of QEP Resources Inc (NYSE:QEP) and currently hold any of those NYSE:QEP 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 concerns whether certain QEP Resources officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

QEP Resources Inc reported that its annual Total Revenue declined from over $3.15 billion in 2011 to over $2.34 billion in 2012 and that its respective Net Income declined from $267.20 million to $128.30 million.Shares of QEP Resources Inc (NYSE:QEP) declined from as high as $44.68 per share in July 2011 to as low as $27.32 per share in August 2013.

Since then, QEP Resources Inc reported that its annual Total Revenue rose to over $2.93 billion in 2013 from over $2.34 billion in 2012 and that its Net Income increased to $159.40 million in 2013 , from $128.30 million in 2012. Shares of QEP Resources Inc (NYSE:QEP) increased to as high as $35.57 per share in August 2014. However, since August 2014 NYSEQEP shares declined significantly to as low as $21.48 per share.

On October 23, 2014, NYSE:QEP shares closed at $24.53 per share.

Those who purchased shares of QEP Resources Inc (NYSE:QEP) 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

Media Relations Contact

Michael Daniels
General Manager
Shareholders Foundation
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/557069