Investor Investigation over Possible Securities Laws Violations by Petroquest Energy Inc (NYSE:PQ)
An investigation for investors in Petroquest Energy Inc (NYSE:PQ) shares over potential securities laws violations by Petroquest Energy Inc was announced and NYSE:PQ stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWire) -- 05/18/2017 --An investigation on behalf of investors of Petroquest Energy Inc over potential securities laws violations by Petroquest Energy in connection with certain financial statements was announced.
Investors who purchased shares of Petroquest Energy Inc (NYSE:PQ), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.
The investigation by a law firm focuses on whether certain statements by Petroquest Energy Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Petroquest Energy Inc reported that its annual Total Revenue declined from $115.97 million in 2015 to $66.67 million in 2016 and that its Net Loss declined from $294.79 million in 2015 to $90.90 million in 2016.
Shares o (NYSE:PQ) declined from $4.43 per share in February 2017 to as low as $2.03 per share on May 4, 2017.
On May 17, 2017, NYSE:PQ shares closed at $2.15 per share.
Those who purchased shares of Petroquest Energy 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
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/808957