The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from Business Wire

The Shuman Law Firm Investigates Lone Pine Resources, Inc.

Tuesday, September 04, 2012

The Shuman Law Firm Investigates Lone Pine Resources, Inc.17:52 EDT Tuesday, September 04, 2012 BOULDER, Colo. (Business Wire) -- The Shuman Law Firm announces that it is investigating potential claims against certain officers and directors of Lone Pine Resources, Inc. (“Lone Pine” or the “Company”) (NYSE: LPR). Lone Pine is an independent oil and gas exploration, development and production company which operates primarily in Canada. The firm's investigation primarily concerns underperformance, increased costs and production disruptions at the Company's Western Canada Sedimentary Basin and the Company's related public disclosures. These ongoing issues have led to the filing of numerous lawsuits against the Company and its officers and have coincided with a drop in Lone Pine's stock price since the Company's initial public offering price of $13 per share to less than $1.50 per share. If you currently own Lone Pine common stock and are interested in discussing your rights as a shareholder, or have information relating to this investigation, please contact Kip B. Shuman or Rusty E. Glenn toll-free at (866) 974-8626 or email Mr. Shuman at kip@shumanlawfirm.com or email Mr. Glenn at rusty@shumanlawfirm.com. The Shuman Law Firm represents investors throughout the nation, concentrating its practice in securities class actions and shareholder derivative actions. The Shuman Law FirmKip B. Shuman, Esq., 866-974-8626kip@shumanlawfirm.comorRusty E. Glenn, Esq., 866-974-8626rusty@shumanlawfirm.comFax: 303-484-4886www.shumanlawfirm.com