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Callon Petroleum Company (NYSE:CPE) Invesotr Investigation Concerning Potential Wrongdoing Announced

  • If you purchased shares of Callon Petroleum Company (NYSE:CPE), you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Callon Petroleum Company
Security
NYSE: CPE

Summary

April 6, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Callon Petroleum Company (NYSE:CPE) shares was announced over potential breaches of fiduciary duties by certain officers and directors at Callon Petroleum.

The investigation by a law firm concerns whether certain Callon Petroleum officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Callon Petroleum Company reported that its annual Total Revenue rose from $102.57 million in 2013 to $151.86 million in 2014 and that its Net Income rose from $4.30 million in 2013 to $37.77 million in 2014. Shares of Callon Petroleum Company (NYSE:CPE) traded in mid-2014 as high as $11.79 per share and declined to as low as $4.20 per share on December 16, 2014.

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