NEW YORK, June 27, 2017 -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired securities of Anadarko Petroleum Corporation ("Anadarko Petroleum") (NYSE:APC) between February 17, 2016 and May 2, 2017. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of Texas. To get more information go to:
http://www.zlk.com/pslra-sb/anadarko-petroleum-corporation?wire=3
or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Anadarko’s maintenance and safety protocols in respect to certain of its vertical wells were inadequate; (ii) due to the foregoing shortcomings, these wells were at an increased risk of explosion; and (iii) that as a result of the foregoing, Anadarko’s public statements were materially false and misleading at all relevant times.
On April 17, 2017, an explosion near an Anadarko well killed two and critically injured another person. Then on April 26, 2017, it was reported that Anadarko would shut down 3,000 vertical wells in Colorado following this explosion. Then on May 2, 2017, it was announced that the explosion was linked to a faulty gas line connected to an old well owned by Anadarko.
If you suffered a loss in Anadarko Petroleum you have until July 3, 2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP Joseph E. Levi, Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171 www.zlk.com


TSMC Japan's Second Fab to Produce 3nm Chips by 2028
OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO
Private Credit Under Pressure: Is a Slow-Motion Crisis Unfolding?
SpaceX IPO: Retail Investors to Play Historic Role in Record-Breaking Public Offering
Fonterra Admits Anchor Butter "Grass-Fed" Label Misled Consumers After Greenpeace Lawsuit
MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown
SoftwareONE Posts 22.5% Revenue Surge in 2025 on Crayon Acquisition
Trump Administration Plans 100% Tariffs on Pharmaceutical Imports
Apple's Foldable iPhone Faces Engineering Setbacks, Mass Production Timeline at Risk
Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman
First Western Ship Transits Strait of Hormuz Since Iran War Began
UPS and Teamsters Reach Agreement to Limit Driver Severance Program
Samsung Electronics Eyes Record Q1 Profit Amid AI-Driven Chip Boom
Apple Turns 50: From Garage Startup to AI Crossroads
Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push
Pershing Square Bids €30.40 Per Share to Acquire Universal Music Group in $9.4B Deal 



