INVESTOR ALERT Law Offices of Howard G. Smith Announces Investigation of Occidental Petroleum Corporation (OXY) on Behalf of Noteholders

Nachrichtenquelle: Business Wire (engl.)
03.06.2020, 22:43  |  179   |   |   

Law Offices of Howard G. Smith announces an investigation on behalf of Occidental Petroleum Corporation ("Occidental" or the "Company") (NYSE: OXY) noteholders concerning the Company and its officers’ possible violations of federal securities laws.

On or about August 8, 2019, Occidental offered ten series of senior notes.

On February 27, 2020, Occidental announced a net loss attributable to common stockholders for the fourth quarter of 2019 of $1.3 billion, or $1.50 per diluted share, as well as a charge of approximately $1 billion to reflect Occidental’s investment in Western Midstream Partners, LP and Anadarko acquisition-related transaction costs of $656 million.

If you purchased Occidental senior notes, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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