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Petroquest Energy Inc (NYSE:PQ) Investor Investigation Concerning Possible Wrongdoing Announced

  • If you purchased shares of Petroquest Energy Inc (NYSE:PQ), 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
Petroquest Energy Inc
Security
NYSE: PQ

Summary

April 27, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Petroquest Energy Inc (NYSE:PQ) was announced over potential breaches of fiduciary duties by certain officers and directors at Petroquest Energy.

The investigation by a law firm concerns whether certain Petroquest Energy officers and directors breached their fiduciary duties.

Petroquest Energy Inc reported that its annual Total Revenue declined from $225.02 million in 2014 to $115.97 million in 2015 and that its Net Income of $31.19 million declined to a Net Loss of $294.79 million.

Shares o (NYSE:PQ) declined from as high as $7.50 per share in June 2014 to as low as $0.31 per share on December 22, 2015.

On April 27, 2016, NYSE:PQ shares closed at $0.835 per share.

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