Faruqi & Faruqi, LLP Encourages Investors Who Suffered Substantial Losses Investing in Hyperdynamics Corporation to Contact the Firm
Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Hyperdynamics Corporation (“Hyperdynamics” or the “Company”) (NYSE: HDY).
The investigation focuses on whether the Company and its executives violated federal securities laws by failing to disclose that: (1) Hyperdynamics was from suffering numerous cost overruns and delays; (2) the Company had far greater exposure to liquidity concerns than it had previously disclosed; and (3) based on the foregoing, defendants lacked a reasonable basis for their positive statements about the Company's drilling operations or the prospective value of the Company's Gulf of Guinea oil and gas concessions.
If you purchased Hyperdynamics securities between February 17, 2011 and February 15, 2012 and would like to discuss your legal rights, visit www.faruqilaw.com/HDY. You can also 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 Hyperdynamics’ 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.