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Marketwired - Class Action

Marketwired - Class Action

Last Build Date: Sat, 17 Sep 2016 19:02:45 EDT

Copyright: Copyright: (C) Marketwired

Federman & Sherwood Announces Filing of Securities Class Action Lawsuit Against Warren Resources, Inc.

Sat, 17 Sep 2016 18:30:41 EDT

OKLAHOMA CITY, OK--(Marketwired - Sep 17, 2016) - On August 11, 2016, a class action lawsuit was filed in the United States District Court for the District of Colorado against Warren Resources, Inc. (OTC PINK: WRESQ). The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material or false misrepresentations to the market which had the effect of artificially inflating the market price during the Class Period, which is November 4, 2014 through June 2, 2016.