An investigation was announced for investors in NYSE:WLL shares was announced over potential breaches of fiduciary duties by certain officers and directors at Whiting Petroleum Corp.
Investors who purchased shares of Whiting Petroleum Corp (NYSE:WLL) 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 Whiting Petroleum officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Denver, CO based Whiting Petroleum Corporation is an independent oil and gas company. 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 12, 2017 NYSE:WLL shares closed at $8.93 per share.
Those who purchased NYSE:WLL 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