To join this class action, please complete the following Investor Certification.  [contact-form-7 id=”1464″ title=”Anadarko Petroleum Corporation (NYSE:  APC) Investor Certification”]

Oklahoma City, OK (February 21, 2020) – On February 19, 2020, a securities class action lawsuit was filed in the United States District Court for the Southern District of Texas against Anadarko Petroleum Corporation (NYSE: APC).  The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material or false misrepresentations to the market which had the effect of artificially inflating the market price during the Class Period, which is February 20, 2015 through May 2, 2017.  More specifically, the complaint alleges that, throughout the Class Period, the defendants misrepresented and/or failed to disclose that: (1) the value of the Shenandoah assets and the success of the Shenandoah appraisal wells were overstated; (2) Anadarko lacked effective internal control over financial reporting; and (3) as a result of the foregoing, the defendants’ statements about Anadarko’s Shenandoah assets lacked a reasonable basis.

Plaintiff seeks to recover damages on behalf of all Anadarko Petroleum Corporation shareholders who purchased common stock during the Class Period and are therefore a member of the Class as described above.  You may move the Court no later than Monday, April 20, 2020 to serve as a lead plaintiff for the entire Class.  However, in order to do so, you must meet certain legal requirements pursuant to the Private Securities Litigation Reform Act of 1995.

If you wish to discuss this action, obtain further information and participate in this or any other securities litigation, or should you have any questions or concerns regarding this notice or preservation of your rights, please contact:  Robin Hester at rkh@federmanlaw.com