|[June 26, 2014]
ATTENTION CAMAC SHAREHOLDERS: Shareholder Rights Law Firm Johnson & Weaver, LLP Investigates CAMAC Energy, Inc. for Mismanagement
SAN DIEGO --(Business Wire)--
Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating
whether certain officers and directors of CAMAC Energy, Inc. (NYSE: CAK)
breached their fiduciary duties to the company and its shareholders in
connection with issuing false and misleading statements to the investing
public, regarding significant accounting errors in CAMAC's public
On June 19, 2013, CAMAC issued a statement in a Securities and Exchange
Commission (SEC (News - Alert)) Form 8-K filing announcing that CAMAC's financial
statements had to be restated, an admission that the statements were
materially false and misleading. In connection with this restatement,
the company's management determined that, as of March 31, 2014, there
was a material weakness in the company'sinternal control over financial
reporting and the company is developing a plan to address this material
Johnson & Weaver, LLP's investigation focuses on whether certain
officers and directors knowingly issued false statements, failed to
properly monitor the company's financial reporting structure, or failed
to maintain sufficient controls over the company's accounting practices.
If you are a CAMAC shareholder and are interested in learning more
about the investigation or your legal rights and remedies, please
contact Jim Baker (firstname.lastname@example.org)
at 619-814-4471. If you email, please include your phone number.
Johnson & Weaver, LLP is a nationally recognized shareholder rights law
firm with offices in California, Atlanta and New York. The firm
represents individual and institutional investors in shareholder
derivative and securities class action lawsuits. For more information
about the firm and its attorneys, please visit http://www.johnsonandweaver.com.
Attorney advertising. Past results do not guarantee future outcomes.
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