Ryan & Maniskas, LLP Announces Investigation of Hyperdynamics Corporation

  Ryan & Maniskas, LLP Announces Investigation of Hyperdynamics Corporation

PR Newswire

WAYNE, Pa., March 14, 2014

WAYNE, Pa., March 14, 2014 /PRNewswire/ -- Ryan & Maniskas, LLP announces that
it is investigating potential claims against Hyperdynamics Corporation
("Hyperdynamics" or the "Company") (NYSE: HDY) on behalf of investors of
Hyperdynamics who purchased shares of the Company between November 8, 2012 and
March 11, 2014.

Ryan & Maniskas, LLP

If you purchased shares of Hyperdynamics and would like to learn more about
these claims or if you wish to discuss these matters and have any questions
concerning this announcement or your rights, contact Richard A. Maniskas,
Esquire toll-free at (877) 316-3218 or to sign up online, visit:
www.rmclasslaw.com/cases/hdy. You may also email Mr. Maniskas at
rmaniskas@rmclasslaw.com. 

The investigation concerns whether Hyperdynamics and certain of its officers
and/or directors have violated Sections 10(b) and 20(a) of the Securities
Exchange Act of 1934. On September 30, 2013, the Company announced that it
received a subpoena from the Department of Justice ("DOJ") requesting that the
company produce documents relating to its business in Guinea. In 2006, a
Production Sharing Contract was signed by the Company and the government of
Guinea granting rights to an oil and gas concession offshore Guinea. The
Company stated that the DOJ is investigating whether the Company's activities
in obtaining and retaining the concession rights and its relationships with
charitable organizations potentially violate the U.S. Foreign Corrupt
Practices Act or U.S. anti-money laundering statutes.

On March 12, 2014, the Company announced that Tullow Oil Plc, a company that
was partnering with Hyperdynamics, had suspended work at a Guinea project as a
result of the DOJ investigation. On this news, the Company's stock fell 58%.

Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan &
Maniskas, LLP is devoted to protecting the interests of individual and
institutional investors in shareholder actions in state and federal courts
nationwide. To learn more about the class action process, please visit:
www.rmclasslaw.com.

CONTACT: Ryan & Maniskas, LLP
                Richard A. Maniskas, Esquire
                995 Old Eagle School Rd., Suite 311
                Wayne, PA 19087
                484-588-5516
                877-316-3218
                www.rmclasslaw.com/cases/hdy
                rmaniskas@rmclasslaw.com

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SOURCE Ryan & Maniskas, LLP

Website: http://www.rmclasslaw.com
 
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