An investigation on behalf of investors in NYSEMKT:MCF shares was announced over possible breaches of fiduciary duties by certain officers and directors at Contango Oil & Gas Company .
Investors who purchased shares of Contango Oil & Gas Company (NYSEMKT:MCF) and currently hold any of those NYSEMKT:MCF 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 Contango Oil & Gas Company (NYSEMKT:MCF officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Contango Oil & Gas Company reported that its annual Total Revenue declined from $116.50 million in 2015 to $78.18 million in 2016 and that its Net Loss declined from $355.05 million in 2015 to $58.03 million in 2016.
Shares of Contango Oil & Gas Company (NYSEMKT:MCF) declined from $68.74 per share in October 2011 to as low as $4.19 per share in early 2016.
On April 13, 2017, NYSEMKT:MCF shares closed at $7.42 per share.
Those who purchased NYSEMKT:MCF shares 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