An investigation on behalf of current long-term investors in shares of Petroquest Energy Inc (NYSE:PQ) was announced over potential breaches of fiduciary duties by certain officers and directors at Petroquest Energy.
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 +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain Petroquest Energy officers and directors breached their fiduciary duties.
Petroquest Energy Inc reported that its annual Total Revenue declined from $225.02 million in 2014 to $115.97 million in 2015 and that its Net Income of $31.19 million declined to a Net Loss of $294.79 million.
Shares o (NYSE:PQ) declined from as high as $7.50 per share in June 2014 to as low as $0.31 per share on December 22, 2015.
On April 27, 2016, NYSE:PQ shares closed at $0.835 per share.
Those who purchased NYSE:PQ 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