NEW YORK, April 27, 2017 /PRNewswire/ -- Pomerantz LLP is
investigating claims on behalf of investors of Anadarko Petroleum Corporation ("Anadarko" or the "Company") (NYSE:
APC). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.
The investigation concerns whether Anadarko and certain of its officers and/or directors have engaged in securities fraud or
other unlawful business practices.
[Click here to join a
class action]
On April 26, 2017, post-market, The Denver Post reported that Anadarko "plans to shut
down 3,000 vertical wells in northeastern Colorado after a fatal home explosion . . . near one
of its wells." The newspaper article stated that the explosion, which occurred on April 17,
2017, killed two individuals in a recently built home located within 170 feet of an Anadarko well.
On this news, Anadarko's share price fell $2.94, or 4.9%, to close at $57.02 on April 27, 2017.
The Pomerantz Firm, with offices in New York, Chicago,
Florida, and Los Angeles, is acknowledged as one of the premier
firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham
L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class
actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights
of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous
multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
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SOURCE Pomerantz LLP