Apache Corporation Investors: Last Days to Participate Actively in the Class Action Lawsuit; Portnoy Law Firm
It is alleged in the complaint that throughout the Class Period Apache made misleading and/or false statements and/or failed to disclose that: (1) Apache intentionally used assumptions that were unrealistic in regard to the composition and amount of available gas and oil in Alpine High; (2) Apache did not have the proper infrastructure in place to economically and/or safely drill and/or transport those resources even if they existed in the amounts purported; (3) these misleading statements and omissions inflated the value of Apache's operations in the Permian Basin artificially; and (4) as a ...