Newman Ferrara LLP Announces Corporate Governance Investigation of Empire Petroleum Corporation – EP
Empire Petroleum Corporation (EP)
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Newman Ferrara LLP announced today that the firm is conducting an investigation on behalf of shareholders of Empire Petroleum Corporation (“Empire” or the “Company”) (NYSE:EP) into potential breaches of fiduciary duty by the Company’s Board of Directors (the “Board”).Empire, headquartered in Tulsa, OK, is a conventional oil and natural gas producer with a main focus in the US onshore. Newman Ferrara’s investigation focuses on decisions made by the Board, without shareholder approval, the result of which significantly diminish shareholder value and do not benefit the Company. Considering the Company’s lackluster performance, it is clear that the Board lacks the ability to fairly assess and oversee the Company’s direction and leadership.Current Empire stockholders seeking more information on this matter are invited to contact Newman Ferrara attorneys Jeffrey Norton (jnorton@nfllp.com) or Benjamin Baker (bbaker@nfllp.com) to discuss this investigation and t
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News
- Empire Petroleum Announces Record Date for Proposed Rights OfferingBusiness Wire
- Empire Petroleum Reports Q2 2024 Results and Provides an Update for North Dakota Drilling Program [Yahoo! Finance]Yahoo! Finance
- Empire Petroleum Reports Q2 2024 Results and Provides an Update for North Dakota Drilling ProgramBusiness Wire
EP
Sec Filings
- 9/13/24 - Form S-8
- 9/10/24 - Form 3
- 9/6/24 - Form 8-K
- EP's page on the SEC website