Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses In Excess Of $100,000 Investing In ATP Oil & Gas Corporation To Contact The Firm
Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at ATP Oil & Gas Corporation (“ATP” or the “Company”) (OTC: ATPAQ).
The investigation focuses on whether the Company and its executives violated federal securities laws with respect to its disclosures concerning business, operational, and compliance policies. Specifically, the investigation focuses on whether ATP made false and misleading statements and/or omissions regarding: (i) the negative impact the U.S. Department of Interior moratoria had on ATP’s business; (ii) the Company’s violations of certain credit agreement provisions; and (iii) the financial condition of ATP.
On August 17, 2012, the Company announced that it was filing for Chapter 11 bankruptcy. Following this news, the stock dropped to $0.30, a loss of $20.05 or over 98% from the class period high.
If you invested in ATP stock, bonds or options between December 16, 2010 and August 17, 2012 and would like to discuss your legal rights, you can contact us by calling Richard Gonnello or Francis McConville toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to firstname.lastname@example.org or email@example.com. Faruqi & Faruqi, LLP also encourages anyone with information regarding ATP’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
Richard W. Gonnello
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330
If you have information regarding this case that you would like to make available, please click here to contact us about our investigation.