Warren Resources Inc

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Case Summary
Company Name: Warren Resources Inc
Stock Symbol : OTCMKTS: WRESQ
Class Period Start: 11/04/2014
Class Period End: 06/02/2016
Lead Plaintiff motion: 10/11/2016
Date Filed: 08/11/2016
Type of Case: Securities Class Action
Court: U.S. District Court for the District of Colorado
Summary:

Thieler Law Corp advises investors with losses exceeding $100,000 of the October 11, 2016 lead plaintiff deadline in a class action lawsuit filed against Warren Resources Inc (OTCMKTS: WRESQ) (“Warren Resources” or “the Company”). The suit is pending in the U.S. District Court for the District of Colorado and investors, who purchased Warren Resources Inc securities between November 4, 2014 and June 2, 2016, have until October 11, 2016 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Warren Resources Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements that Warren Resources was "well positioned" to "ride out" and "successfully navigate" the "market fluctuations," when in fact, the Company was actually on its way to bankruptcy.

On June 2, 2016, Warren Resources filed for Chapter 11 bankruptcy. Following this news, Warren Resources shares declined significantly.

If you were negatively impacted by your investment in Warren Resources Inc securities between November 4, 2014 and June 2, 2016 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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