|[July 30, 2014]
INVESTOR ALERT: Investigation of Penn West Petroleum Ltd. Announced by Glancy Binkow & Goldberg LLP
LOS ANGELES --(Business Wire)--
Binkow & Goldberg LLP announces that it is investigating
potential claims on behalf of investors of Penn
West Petroleum Ltd. ("Penn West" or the "COMPANY") (NYSE:PWE)
concerning possible violations of federal securities laws. The
investigation focuses on certain statements issued by the Company
concerning Penn West's operations and financial performance.
Please contact Casey Sadler, Esquire, at (888) 773-9224 or (310)
201-9150, or at email@example.com
to discuss this matter. If you inquire by email please include your
mailing address, telephone number and number of shares purchased.
Pen West is an exploration and production company, which acquires,
explores, develops, exploits and holds interests in petroleum and
natural gas properties and related assets in Canada and the United
States. The investigation is related to the Company's July 29, 2014,
announcement that the Audit Committee of the Company's Board of
Directors is conducting a voluntary, internal review of certain of Penn
West's accounting practices, and the Company anticipates possible delay
in reporting second quarter financial results.
According to the Company, the Board of Directors "has concluded that
certain of the Company's historical financial statements and related
management's discussion and analysis ("MD&A") must be restated, which
may result in the release of second quarter 2014 financial results being
If you purchased Penn
West shares, if you have information or would like to learn more
about these claims, or if you have any questions concerning this
announcement or your rights or interests with respect to these matters,
please contact Casey
Sadler, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park
East, Suite 2100, Los Angeles, California 90067, by toll-free telephone
at (888) 773-9224 or by telephone at (310) 201-9150, by e-mail to firstname.lastname@example.org,
or visit our website at http://www.glancylaw.com.
If you inquire by email, please include your mailing address, telephone
number and number of shares purchased.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
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