Gulfport Energy Corporation
Lead Plaintiff Deadline: 05/18/2020
SUMMARY OF CASE:
A securities class action has been filed against Gulfport Energy Corporation (GPOR) on behalf of all those who purchased or otherwise acquired Gulfport Energy securities between August 2, 2016 through August 2, 2017. This case has been filed in the USDC – S.D.N.Y.
The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business and operations. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) a material weakness existed in Gulfport’s internal control over financial reporting; (ii) accordingly, Gulfport’s disclosure controls and procedures were ineffective; (iii) as a result, Gulfport’s financial statements contained multiple misstatements; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.