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Investor Alert: Ademi & O'Reilly, LLP Investigates Possible Securities Fraud of Whiting Petroleum Corporation

MILWAUKEE, Aug. 1, 2019 /PRNewswire/ -- Ademi & O'Reilly, LLP is investigating possible securities fraud claims against Whiting (WLL) resulting from inaccurate statements Whiting made regarding its business practices, financial statements and prospects.

Click here to learn more about the investigation: http://ademilaw.com/case/whiting or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.

The investigation focuses on whether Whiting issued false and misleading statements regarding its business practices and prospects.  Specifically, Whiting failed to disclose that natural gas and liquids takeaway pipelines and processing that Whiting has expected to come available in the western parts of the Williston Basin were unavailable and delayed, and some that had been completed were having operational issues from the outset.  As a result of these delays, Whiting's oil wells in the Williston Basin were forced to have14 days of downtime in the second quarter, reducing Whiting's output in the area by an average of 4,200 barrels per day.

If you wish to obtain additional information or have information about Whiting, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, http://ademilaw.com/case/whiting.                    

We specialize in securities fraud and shareholder litigation.  For more information, please feel free to call us.  Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Ademi & O'Reilly, LLP
Guri Ademi
3620 East Layton Ave.
Cudahy, WI 53110
Toll Free: (866) 264-3995
Fax: (414) 482-8001
www.ademilaw.com

 

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