Press release
Investigation announced for NYSE: AMPY Investors over possible Wrongdoing at Amplify Energy Corp.
An investigation on behalf of investors in Amplify Energy Corp. (NYSE: AMPY) shares over potential wrongdoing at Amplify Energy.
Investors who purchased shares of Amplify Energy Corp. (NYSE: AMPY) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Amplify Energy directors breached their fiduciary duties and caused damage to the company and its shareholders.
Houston, TX based Amplify Energy Corp. engages in the acquisition, development, exploitation, and production of oil and natural gas properties in the United States. Amplify Energy Corp. reported that its annual Total Revenue declined from $275.57 million in 2019 to $202.14 million in 2020, and that its Net Loss increased from $35.19 million in 2019 to $464.03 million in 2020.
On October 4, 2021, Amplify Energy Corp. announced a large oil spill in Southern California. Specifically, Amplify Energy Corp. stated that “on Saturday, October 2, 2021, Beta Offshore (a subsidiary of Amplify Energy) first observed and notified the US Coast Guard of an oil sheen approximately four (4) miles off the coast in Southern California and initiated its Oil Spill Prevention and Response Plan. The Company has sent a remotely operated vehicle (ROV) to investigate and attempt to confirm source of the release. As a precautionary measure, all of the Company’s production and pipeline operations at the Beta Field have been shut down.”
Shares of Amplify Energy Corp. (NYSE: AMPY) declined from $5.78 per share on October 1, 2021, to $2.70 per share on October 4, 2021.
Those who purchased shares of Amplify Energy Corp. (NYSE: AMPY) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Investigation announced for NYSE: AMPY Investors over possible Wrongdoing at Amplify Energy Corp. here
News-ID: 2478653 • Views: …
More Releases from Shareholders Foundation
Lawsuit Alert: Investors who lost money with James Hardie Industries plc (NYSE: …
An investor, who purchased shares of James Hardie Industries plc (NYSE: JHX), filed a lawsuit over alleged violations of Federal Securities Laws by James Hardie Industries plc in connection with certain allegedly false and misleading statements.
Investors who purchased shares of James Hardie Industries plc (NYSE: JHX) have certain options and for certain investors are short and strict deadlines running. Deadline: December 23, 2025. NYSE: JHX investors should contact the Shareholders…
Investigation announced for Long-Term Investors in SelectQuote, Inc. (NYSE: SLQT …
An investigation on behalf of current long-term investors in shares of SelectQuote, Inc. (NYSE: SLQT) concerning potential breaches of fiduciary duties by certain directors and officers of SelectQuote, Inc. was announced.
Investors who are current long term investors in SelectQuote, Inc. (NYSE: SLQT) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term…
Lawsuit filed for Investors who lost money with shares of MoonLake Immunotherape …
An investor, who purchased shares of MoonLake Immunotherapeutics (NASDAQ: MLTX), filed a lawsuit over alleged violations of Federal Securities Laws by MoonLake Immunotherapeutics in connection with certain allegedly false and misleading statements.
Investors who purchased a significant amount of shares of MoonLake Immunotherapeutics (NASDAQ: MLTX) between March 10, 2024 and September 29, 2025, have certain options and for certain investors are short and strict deadlines running. Deadline: December 15, 2025. NASDAQ:…
Dow Inc. (NYSE: DOW) Investor Alert: Deadline in Lawsuit on October 28, 2025
A deadline is coming up on October 28, 2025 in the lawsuit filed for certain investors of Dow Inc. (NYSE: DOW) over alleged securities laws violations by Dow Inc.
Investors who purchased shares of Dow Inc. (NYSE: DOW) have certain options and there are strict and short deadlines running. Deadline: October 28, 2025. Dow Inc. (NYSE: DOW) stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 -…
More Releases for Amplify
Blog Posting Services Designed to Amplify Your Reach
If you're trying to grow your business and get more people to notice you online, you're in the right place. Let's face it-standing out on the internet isn't easy. There are so many websites, blogs, and posts out there that it can feel impossible to get noticed. That's where blog posting services can help. With the right blog content, you can reach more people, get noticed by search engines like…
HTech Onboards AdGlobal360 (AGL) to Amplify Digital Marketing Efforts
Gurugram- 2 July 2024: AdGlobal360 (AGL), India's premier MarTech company and a member of Hakuhodo International, has won the digital mandate for HTech. The brand's innovative, customer-first approach for the Indian market necessitates a comprehensive strategy to distinguish itself in this competitive landscape. AGL will oversee the paid media advertising campaigns across digital platforms, including media buying, brand sponsorships, display and social media advertising for all product launches of HONOR…
Alcohol Packaging Market Projected to Amplify During 2027
Transparency Market Research recently published a report on the alcohol packaging market, which features an industry leading overview, share, trends, growth size and projections for the years 2022-2027. The global Alcohol Packaging Market is projected to offer an incremental opportunity of US$ 14.7 Bn over the forecast period, 2022-2027.
Get a Complete Report Details - https://www.transparencymarketresearch.com/alcohol-packaging-market.html
Alcohol packaging is primarily used for a varied range of products such as wine, beer and…
Virtual Healthcare Market Growth Projected to Amplify
The global virtual healthcare market is estimated to surpass $16,943.7 million by 2027, exhibiting a CAGR of 27.0% from 2020 to 2027.
The report aims to cater scrupulous analysis of the global virtual healthcare market by methodically reviewing different facets of the market such as key segments, market dynamics, regional market circumstances, investment opportunities, and top players operating in the market.
In addition, the report offers insights on the current lookout and…
Opportunity: Mass Transfer Equipment Market Growth Projected to Amplify
A Brief Introduction
Mass transfer is the movement of mass generally from one location such as phase, stream, fraction or component, to another. It has many processes of occurrence, such as evaporation, absorption, precipitation, membrane filtration, drying, crystallization and distillation.
Different scientific disciplines use mass transfer for executing different mechanisms and processes. The term ‘mass transfer’ is frequently used in the engineering scenario for physical processes. These processes comprise convective and diffusive…
Amplify RS485 signals up to 1.2km
NASHVILLE, April 20th, 2017 — Perle Systems, a global provider of serial device networking hardware, today announces the launch of RS485 Repeaters.
The PSM-ME-RS485/RS485-P Repeater, boosts RS485 serial signals to cover distances up to 1.2km. By using differential voltage lines for data and control signals RS-485 repeaters overcome the limitations of standard serial ports. In addition, 3-way isolation protects devices from transient surges and ground loops on the data line.
“Transmitting RS485…
