An investigation was announced concerning potential securities laws violations by Talos Energy Inc. in connection with certain financial statements.
Investors who purchased shares of Talos Energy Inc. (NYSE: TALO), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Talos Energy Inc. (regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Houston, TX based Talos Energy Inc., an independent exploration and production company, focuses on the exploration and production in the United States Gulf of Mexico and offshore Mexico. Talos Energy Inc. reported that its annual Total Revenue rose from $412.82 million in 2017 to $891.28 million in 2018 and that its Net Loss of $62.86 million in 2017 turned into a Net Income of $221.54 million in 2018.
Shares of Talos Energy Inc. (NYSE: TALO) declined from $31.34 per share on January 7, 2020 to as low as $18.65 per share on February 6, 2020.
Those who purchased shares of Talos Energy Inc. (NYSE: TALO) have certain options and should contact the Shareholders Foundation.
Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
