Glancy Binkow & Goldberg Announces a May 21, 2013 Deadline to Seek a Lead
Plaintiff Position in the Class Action Lawsuit Against Harvest Natural
Resources, Inc. -- HNR
LOS ANGELES, May 20, 2013 (GLOBE NEWSWIRE) -- Glancy Binkow & Goldberg LLP
announces that all purchasers of the securities of Harvest Natural Resources,
Inc. ("Harvest" or the "Company") (NYSE:HNR) between May 7, 2010 and March 19,
2013 (the "Class Period') have until May 21, 2013 to file a motion to be
appointed as lead plaintiff in the shareholder lawsuit filed in the United
States District Court for the Southern District of Texas. Investors who have
losses of $100,000 or more are encouraged to contact the firm for information
concerning a lead plaintiff position.
A COPY OF THE COMPLAINT IS AVAILABLE FROM THE COURT OR FROM GLANCY BINKOW &
GOLDBERG LLP. PLEASE CONTACT US TOLL-FREE AT (888) 773-9224, OR AT (212)
682-5340, OR BY EMAIL AT SHAREHOLDERS@GLANCYLAW.COM. IF YOU INQUIRE BY EMAIL
PLEASE INCLUDE YOUR MAILING ADDRESS, TELEPHONE NUMBER AND NUMBER OF SHARES
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 times.
If you are a member of the Class described above, you may move the Court to
serve as lead plaintiff no later than May 21, 2013; however, you must meet
certain legal requirements.
To learn more about this action or if you purchased Harvest stock prior to the
Class Period and 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, Toll Free at (888) 773-9224, or contact Gregory
Linkh, Esquire, of Glancy Binkow & Goldberg LLP at 122 E. 42nd Street, Suite
2920, New York, New York 10168, at (212) 682-5340, 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
Glancy Binkow & Goldberg LLP, New York, NY
(212) 682-5340 or (888) 773-9224
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