-
If you purchased shares of Contango Oil & Gas Company (NYSEMKT:MCF) and currently hold any of those NYSEMKT:MCF shares, 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
April 10, 2017 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Contango Oil & Gas Company (NYSEMKT:MCF) was announced over potential breaches of fiduciary duties by certain officers and directors at Contango Oil & Gas Company.
The investigation by a law firm concerns whether certain Contango Oil & Gas Company (NYSEMKT:MCF officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Contango Oil & Gas Company reported that its annual Total Revenue declined from $116.50 million in 2015 to $78.18 million in 2016 and that its Net Loss declined from $355.05 million in 2015 to $58.03 million in 2016.
Shares of Contango Oil & Gas Company (NYSEMKT:MCF) declined from $68.74 per share in October 2011 to as low as $4.19 per share in early 2016.
