DALLAS, April 29, 2013 /PRNewswire/ -- Lawyers at Deans & Lyons LLP are pursing claims for Magnum Hunter Resources stockholders (NYSE: MHR) due to potential violations of shareholder protection laws. Concerned MHR stockholders who purchased or acquired stock before or between May 3, 2012 and April 16, 2013 should contact securities lawyer Hamilton Lindley at 877-819-8033 or hlindley@deanslyons.com about their potential investor claims.
"The company's independent auditor advised Magnum Hunter that it required further investigation into: (1) the valuation of Magnum Hunter's oil and gas properties; (2) calculation of its oil and gas reserves; (3) its position with respect to certain tax matters; (4) its accounting for its acquisition of NGAS Resources, Inc.; and (5) its compliance with certain debt covenants," said shareholder rights attorney Hamilton Lindley. "As a result of this disclosure, a class action lawsuit has been filed to recover losses in Magnum Hunter Resources stock."
The securities lawyers of Deans & Lyons have significant experience representing investors nationwide in representative actions involving securities at no cost to its clients. Stockholders with concerns about this Magnum Hunter stock or anyone with information about this situation should contact Hamilton Lindley at hlindley@deanslyons.com or 877-819-8033.
Hamilton Lindley
Deans & Lyons LLP
325 N. Saint Paul Street, Suite 1500
Dallas, TX 75201
(877) 819-8033 Toll Free
(214) 965-8500 Telephone
(214) 965-8505 Facsimile
hlindley@deanslyons.com
deanslyons.com
SOURCE Deans & Lyons LLP
