INVESTOR ALERT: Class Action Lawsuit Against Hyperdynamics Corporation Announced by Law Offices of Howard G. Smith Business Wire BENSALEM, Pa. -- April 3, 2014 Law Offices of Howard G. Smith announces that a class action lawsuit has been filed in the United States District Court for the Southern District of Texas on behalf of all purchasers of the securities of Hyperdynamics Corporation (“Hyperdynamics” or the “Company”) (NYSE:HDY) between November 8, 2012 and March 11, 2014, inclusive (the “Class Period”). Hyperdynamics is an independent oil and gas exploration company engaged in the acquisition, exploration and development of oil and gas properties in the Republic of Guinea, Northwest Africa. The Complaint alleges that during the Class Period defendants made false and/or misleading statements or failed to disclose material adverse facts, including that Hyperdynamics lacked adequate internal and financial controls, and the Company obtained and retained oil and gas concession rights in violation of the U.S. Foreign Corrupt Practices Act and/or U.S. anti-money laundering statutes. On September 30, 3013, the Company disclosed that in September 2013 it received a subpoena from the United States Department of Justice (DOJ) requesting that the Company produce documents relating to its business in Guinea, and that the DOJ investigation concerns whether “Hyperdynamics’ 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.” Then, on March 12, 2014, Hyperdynamics’ exploration partner, Tullow Oil Plc, halted activities in Guinea due to the DOJ and U.S. Securities and Exchange Commission investigations into Hyperdynamics' activities related to the concession rights. If you are a member of the Class described above, you have until May 12, 2014, to move the Court to serve as lead plaintiff, if you meet certain legal requirements. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to email@example.com, or visit our website at http://www.howardsmithlaw.com. Contact: Law Offices of Howard G. Smith Howard G. Smith, Esquire 215-638-4847 888-638-4847 firstname.lastname@example.org www.howardsmithlaw.com
INVESTOR ALERT: Class Action Lawsuit Against Hyperdynamics Corporation Announced by Law Offices of Howard G. Smith
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