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If you invested in Canadian Superior Energy Inc. (USA) (Public, AMEX:SNG) common stock between January 14, 2008 and February 17, 2009, or purchased SNG shares before 2008 and currently hold those SNG shares, you should contact the Shareholders Foundation, Inc.
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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
An investigation on behalf of investors of Canadian Superior Energy Inc. (USA) (Public, AMEX:SNG) over potential violations of Federal Securities Laws was announced.
The investigation by a law firm focuses on whether a series of statements between January 14, 2008 and February 17, 2009 regarding Canadian Superiors Energy' business, its prospects and its operations were materially false and misleading at the time they were made.
Canadian Superior Energy Inc., located in Calgary, Canada and incorporated in March 21, 1983, is engaged in the exploration for, and acquisition, development and production of petroleum and natural gas, and Liquified Natural Gas (LNG) projects, with operations in Western Canada, offshore Nova Scotia, offshore Trinidad and Tobago, the United States and North Africa. Canadian Superior Energy Inc. (USA) reported in 2007 Total Revenue of $40.86million and in 2008 Total Revenue of $61.55million. Shares of Canadian Superior Energy Inc. (USA) traded recently at $0.610 per share, down from its52weekHigh of $1.50 per share. Canadian Superior Energy Inc. (USA) shares (SNG) traded at over $4.72 per share in 2008.
