NEW YORK, March 31, 2014 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against Hyperdynamics Corporation ("Hyperdynamics" or the "Company") (NYSE: HDY) and its board of directors concerning whether the board has breached its fiduciary duties to shareholders or violated the federal securities laws.
On September 30, 2013, the Company disclosed that it had received a subpoena from the U.S. Department of Justice ("DOJ"). The DOJ subpoena sought documents related to the Company's business in Guinea in connection with potential violations of the U.S. Foreign Corrupt Practices Act and/or anti-money laundering statutes.
On March 12, 2014, the Company disclosed that its oil exploration partner in Guinea had halted activities in Guinea as a result of the U.S. government's investigation into Hyperdynamics alleged fraud and corruption in obtaining drilling licenses in Guinea.
If you own Hyperdynamic shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Daniella Quitt, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
Attorney Advertising. © 2014 Harwood Feffer LLP. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Logo - http://photos.prnewswire.com/prnh/20120215/MM54604LOGO
SOURCE Harwood Feffer LLP
