Glancy Binkow & Goldberg LLP Announces Investigation of YPF Sociedad Anonima

  Glancy Binkow & Goldberg LLP Announces Investigation of YPF Sociedad Anonima

Business Wire

LOS ANGELES -- February 6, 2013

Glancy Binkow & Goldberg LLP announces that it is investigating potential
claims on behalf of all purchasers of the American Depositary Shares of YPF
Sociedad Anonima (“YPF” or the “Company”) (NYSE:YPF) pursuant and/or traceable
to the Company’s March 23, 2011 offering. The investigation concerns possible
violations of federal securities laws and focuses on allegations that the
Registration Statement filed with the Securities and Exchange Commission in
connection with the March 23, 2011 offering was materially false and

YPF engages in the exploration, development and production of crude oil,
natural gas and liquefied petroleum gas (LPG) in Argentina. The Company is
involved also in refining, marketing, transporting and distributing oil and
petroleum products, petroleum derivatives, petrochemicals, LPG and bio-fuels.
The investigation is related to allegations that the Registration Statement
misrepresented or failed to disclose that: (1) the Company faced a risk of
nationalization by the Argentinean government; (2) as a result of the
Company’s failure to adequately produce oil and gas within Argentina and
reinvest a substantial portion of its profits back into the Company and its
operations, the risk of nationalization had increased; (3) the Company was in
breach of its concession contracts with various Argentinean provinces; and (4)
nationalization by the Argentinean government would likely have a severe
adverse effect on shareholders and on the Company’s market value.

If you purchased YPF American Depositary Shares pursuant or traceable to the
March 23, 2011 offering, if you have information or would like to learn more
about these claims, or if you wish to discuss these matters or have any
questions concerning this announcement or your rights or interests with
respect to these matters, please contact Michael Goldberg, Esquire, of Glancy
Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles,
California 90067, by telephone at (310) 201-9150, Toll Free at (888) 773-9224,
by e-mail to, or visit our website at

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.


Glancy Binkow & Goldberg LLP, Los Angeles, CA
Michael Goldberg
(310) 201-9150 or (888) 773-9224
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