NYSEAMERICAN:REI Investor Alert: Investigation over Potential Wrongdoing at Ring Energy Inc
An investigation on behalf of investors in Ring Energy Inc (NYSEAMERICAN:REI) shares over potential wrongdoing at Ring Energy Inc was announced and NYSEAMERICAN:REI stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWire) -- 02/05/2018 --An investigation on behalf of investors in shares of Ring Energy Inc was announced concerning possible breaches of fiduciary duties by certain directors.
Investors who purchased shares of Ring Energy Inc (NYSEAMERICAN:REI) 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 Ring Energy Inc directors breached their fiduciary duties and caused damage to the company and its shareholders.
Tulsa, OK based Ring Energy, Inc. (Ring) is an exploration and production company that is engaged in oil and natural gas acquisition, exploration, development and production activities. Ring Energy Inc reported that its annual Total Revenue declined from $31.01 million in 2015 to $30.85 million in 2016 and that its Net Loss Increased from $9.05 million to $37.64 million.
On February 2, 2018, NYSEAMERICAN:REI shares closed at $13.03 per share.
Those who purchased shares of Ring Energy Inc (NYSEAMERICAN:REI), 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/926635