Glancy Binkow & Goldberg Encourages Investors to Inquire About a Lead
Plaintiff Position in the Class Action Lawsuit Against Harvest Natural
Resources, Inc. -- HNR
LOS ANGELES, April 28, 2013 (GLOBE NEWSWIRE) -- Glancy Binkow & Goldberg LLP,
representing investors of Harvest Natural Resources, Inc. ("Harvest" or the
"Company") (NYSE:HNR), announces that purchasers of Harvest securities between
May 7, 2010 and March 19, 2013, inclusive (the "Class Period"), have until May
21, 2013 to file a motion with the Court to be appointed as lead plaintiff.
Investors who have losses of $100,000 or more are encouraged to contact the
firm for information concerning a lead plaintiff position in the class action
suit and have until May 21, 2013 to file a motion with the Court to be
appointed as lead plaintiff.
A COPY OF THE COMPLAINT IS AVAILABLE FROM THE COURT OR FROM GLANCY BINKOW &
GOLDBERG LLP. PLEASE CONTACT US BY PHONE TO DISCUSS THIS ACTION OR TO OBTAIN A
COPY OF THE COMPLAINT AT (310) 201-9150, TOLL-FREE AT (888) 773-9224, OR BY
EMAIL AT SHAREHOLDERS@GLANCYLAW.COM.
The shareholder lawsuit was filed in the United States District Court for the
Southern District of Texas. The Complaint alleges that throughout the Class
Period defendants made false and/or misleading statements or failed to
disclose material adverse facts about the Company's financial performance and
prospects. Specifically, defendants misrepresented or failed to disclose that:
(1) the Company incorrectly capitalized certain lease maintenance costs and
certain internal selling, general and administrative costs; (2) the Company
improperly presented certain cash flow items and caused certain long-lived
assets to be impaired; (3) the Company was unable to sell its interests in
Petrodelta S.A. to PT Pertamina (Persero); (4) the Company lacked adequate
internal and financial controls; and (5) as a result of the foregoing, the
Company's statements were materially false and misleading at all relevant
If you purchased Harvest securities during the Class Period, you have until
May 21, 2013 to move the Court to serve as lead plaintiff; however, you must
meet certain legal requirements. If you wish to learn more about this action
or have any questions concerning this Notice 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 or Toll Free at (888)
773-9224, by e-mail to email@example.com, or visit our website at
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
CONTACT: Glancy Binkow & Goldberg LLP, Los Angeles, CA
(310) 201-9150 or (888) 773-9224
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