NEW YORK, Aug. 12, 2016 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Warren Resources, Inc. ("Warren Resources" or the "Company") (NASDAQ: WRES) and certain of its officers. The class action was filed on behalf of a class consisting of all persons or entities who purchased Warren Resources securities between November 4, 2014 through June 2, 2016, both dates inclusive (the "Class Period").
The Complaint alleges that throughout the Class Period defendants issued false and misleading statements to investors and/or failed to disclose that Warren Resources was "well positioned" to "ride out" and "successfully navigate" the "market fluctuations," all while the Company was actually on its way to bankruptcy. Consequentially, defendants' statements regarding Warren Resources business and operations were false and misleading and/or lacked a reasonable basis. Then on June 2, 2016, Warren Resources filed for Chapter 11 bankruptcy.
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm's site: http://www.bgandg.com/wres or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email [email protected]. Those who inquire by e-mail are encouraged to include their mailing address and telephone number. If you suffered a loss in Warren Resources you have until October 11, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]
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