The Law Firm of Levi & Korsinsky Notifies Investors With Losses on
Their Investment in Houston American Energy Corporation of Class
Action Lawsuit and the Deadline of June 26, 2012 to Seek a Lead
NEW YORK, NY -- (Marketwire) -- 06/04/12 -- Levi & Korsinsky
announces that a class action lawsuit has been commenced in the
United States District Court for the Southern District of Texas on
behalf of investors who purchased Houston American Energy Corporation
("Houston American" or the "Company") (NYSE MKT: HUSA) (NYSE Amex:
HUSA) securities between March 29, 2010 and April 18, 2012 (the
For more information, click here:
http://zlk.9nl.com/houston-american-energy. There is no cost or
obligation to you.
On March 1, 2012, the Company announced delays in drilling its
Tamandua #1 well and claimed that further analysis of the well's C7
and C9 formations would be announced as soon as they became
available. On this news, Houston American securities fell more than
35 percent. Then on April 19, 2012, the Company ceased "efforts to
test and complete the C7 and C9 formations in the Tamandua #1
sidetrack well due to formation damage while drilling." The Company
also disclosed that the Securities and Exchange Commission formalized
an investigation of Houston American on March 1, 2011, seeking to
determine whether the Company violated federal securities laws. On
these revelations, Houston American shares declined $1.24 or more
than 35.5%, to close at $2.25 on April 19, 2012.
If you suffered a loss in Houston American, you have until June 26,
2012 to request that the Court appoint you as lead plaintiff. Your
ability to share in any recovery doesn't require that you serve as a
lead plaintiff. To obtain additional information, contact Joseph E.
Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (877)
363-5972, or visit http://zlk.9nl.com/houston-american-energy.
Levi & Korsinsky is a national firm with offices in New York and
Washington D.C. The firm has extensive expertise in prosecuting
securities litigation involving financial fraud, representing
investors throughout the nation in securities and shareholder
lawsuits. The attorneys at Levi & Korsinsky have been appointed by
numerous courts throughout the country to serve as lead counsel on
behalf of shareholders in major securities lawsuits and have
successfully recovered multimillion-dollar damages awards on behalf
of investors. For more information, please feel free to contact any
of the attorneys listed below. Attorney advertising. Prior results do
not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
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