An investigation on behalf of investors in Whiting Petroleum Corp (NYSE:WLL) shares over potential wrongdoing at Whiting Petroleum Corp was announced and NYSE:WLL stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 04/07/2017 -- An investigation on behalf of investors in NYSE:WLL shares was announced over potential breaches of fiduciary duties by certain Whiting Petroleum directors.
Investors who purchased shares of Whiting Petroleum Corp (NYSE:WLL) have certain options and should contact the Shareholders Foundation at email@example.com or call 858-779-1554.
The investigation by a law firm concerns whether certain Whiting Petroleum officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Whiting Petroleum Corp reported that its annual Total Revenue declined from over $2.09 billion in 2015 to over $1.28 billion in 2016 and that its Net Loss declined from over $2.21 billion in 2015 to over $1.33 billion in 2016.Shares of Whiting Petroleum Corp (NYSE:WLL) declined from over $92 per share in August 2014 to as low as $3.88 per share in February 2016.
On April 6, 2017 NYSE:WLL shares closed at $9.37 per share.
Those who purchased shares of Whiting Petroleum Corp have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego