A lawsuit was filed on behalf of investors in Warren Resources, Inc. (OTCMKTS:WRESQ) shares over alleged securities laws violations and OTCMKTS:WRESQ investors should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 08/24/2016 --The Shareholders Foundation announced that an investor, who purchased shares of Warren Resources, Inc. (OTCMKTS:WRESQ, formerly NASDAQ:WRES), filed a lawsuit in Colorado over alleged Securities Laws violations by certain Warren Resources' executive officers.

Investors who purchased a significant amount of shares of Warren Resources, Inc. (OTCMKTS:WRESQ, formerly NASDAQ:WRES) between November 4, 2014 to June 2, 2016 and continue to hold any of those shares, you have certain options and for certain investors are short and strict deadlines running. Deadline: October 10, 2016. OTCMKTS:WRESQ investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

According to the complaint the plaintiff alleges on behalf of purchasers of Warren Resources, Inc. (OTCMKTS:WRESQ) common shares between November 4, 2014 to June 2, 2016, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between November 4, 2014 to June 2, 2016 certain of Warren Resources' 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.

On June 2, 2016, Warren Resources, Inc. and 5 affiliated companies, (collectively, the "Debtors") each filed a petition in the United States Bankruptcy Court for the Southern District of Texas seeking relief under Chapter 11 of the United States Bankruptcy Code.

Those who purchased shares of Warren Resources, Inc. 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