Alta Mesa Resources, Inc. (AMR) f/k/a Silver Run Acquisition Corporation II Class Action Lawsuit - AMR

Company
Alta Mesa Resources, Inc. (AMR) f/k/a Silver Run Acquisition Corporation II (NASDAQCM: AMR)
Lead Plaintiff Deadline
April 1, 2019 (Expired)
Class Period
March 24, 2017 - February 25, 2019

Expired

Lead Plaintiff Deadline

Apr 1, 2019

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Allegations

(1) Alta Mesa and Kingfisher did not possess “superior quality” and “[w]orld [c]lass” assets as compared to other operators in the oil and gas industry; (2) Alta Mesa faced significant operational setbacks; (3) several major oil producers had steered assets away from production in the region in which Alta Mesa operates; and (4) Kingfisher and Alta Mesa were not on track to achieve the earnings and production estimates provided in the Proxy and Defendants had no reasonable basis to believe and did not believe that Kingfisher and Alta Mesa would achieve these estimates.

Eligibility

In order to be eligible to join the AMR class action lawsuit, you must have incurred a loss on shares of purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in during the relevant time frame or pursuant to the relevant offering(s), you have until April 1, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Alta Mesa Resources, Inc. (AMR) f/k/a Silver Run Acquisition Corporation II Class Action Lawsuit Details

Levi & Korsinsky announces that a class action has commenced in the Southern District of Texas on behalf of all persons or entities (1) who purchased or otherwise acquired Silver Run Acquisition Corporation II securities between March 24, 2017 and February 25, 2019; and/or (2) who held Silver Run II Class A common stock as of the record date on January 22, 2018 and were entitled to vote with respect to Silver Run II’s acquisition of Alta Mesa Holdings, LP (“Alta Mesa”)and Kingfisher Midstream LLC. If you suffered a loss in AMR you have until April 1, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

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