Glancy Prongay & Murray LLP Commences Investigation on Behalf of Northern Oil and Gas, Inc. Investors
September 01 2016 - 10:30AM
Business Wire
Glancy Prongay & Murray LLP (“GPM”) announces an
investigation on behalf of Northern Oil and Gas, Inc. (“Northern
Oil” or the “Company”) (NYSE: NOG) investors concerning the Company
and its officers’ possible violations of federal securities
laws.
Northern Oil is an independent energy company that engages in
the acquisition, exploration, development and production of oil and
natural gas properties in the United States.
On August 16, 2016, Northern Oil CEO Michael Reger (“Reger”) was
fired after notifying the Company that he had received a Wells
Notice from the SEC, announcing their intent to bring an
enforcement action against Northern Oil. The Wells Notice comes in
response to prior SEC investigations from 2012 that revealed
questionable trade patterns in the securities of Dakota Plains
Holdings, Inc., a company Reger had invested with back in 2008.
On this news, Northern Oil stock fell over 6%, to close at just
$3.73 on August 16, 2016.
If you purchased Northern Oil securities, have information or
would like to learn more about these claims, or have any questions
concerning this announcement or your rights or interests with
respect to these matters, please contact Lesley Portnoy, Esquire,
of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California
90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to
shareholders@glancylaw.com, or visit our website at
http://www.glancylaw.com. If you inquire by email please include
your mailing address, telephone number and number of shares
purchased.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20160901005398/en/
Glancy Prongay & Murray LLP, Los Angeles/New YorkLesley
Portnoy, 310-201-9150 or
888-773-9224shareholders@glancylaw.comwww.glancylaw.com
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