Nvidia CEO Jensen Huang Plans China Visit Amid AI Chip Market Uncertainty 
Ericsson Plans SEK 25 Billion Shareholder Returns as Margins Improve Despite Flat Network Market 
Baidu Shares Surge After Official Launch of Advanced Ernie 5.0 AI Model 
Memory Chip Shortage Drives Higher Gadget Prices and Weakens Global Tech Demand 
OpenAI Launches Stargate Community Plan to Offset Energy Costs and Support Local Power Infrastructure 
SoftBank Shares Surge as AI Optimism Lifts Asian Tech Stocks 
Intel Stock Slides Despite Earnings Beat as Weak Q1 Outlook Raises Concerns 
ByteDance Finalizes Majority U.S.-Owned TikTok Joint Venture to Avert American Ban 
FSU Criticizes ANZ Over Suncorp Bank Job Cuts Amid Post-Acquisition Commitments 
Elon Musk Shares Bold Vision for AI, Robots, and Space at Davos 
Morgan Stanley Flags High Volatility Ahead for Tesla Stock on Robotaxi and AI Updates 
Microsoft Restores Microsoft 365 Services After Widespread Outage 
Global DRAM Chip Shortage Puts Automakers Under New Cost and Supply Pressure 
Apple China Holiday Sale Offers Discounts Up to 1,000 Yuan on Popular Devices 
Valero Makes First Venezuelan Crude Purchase Under New U.S.-Caracas Deal 
Trump Signs Executive Order to Limit Wall Street Investment in Single-Family Homes 
NEW YORK, May 04, 2017 -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired securities of Anadarko Petroleum Corporation ("Anadarko Petroleum") (NYSE:APC) between February 17, 2016 and May 2, 2017. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of Texas. To get more information go to:
http://www.zlk.com/pslra-sb/anadarko-petroleum-corporation?wire=3
or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Anadarko’s maintenance and safety protocols in respect to certain of its vertical wells were inadequate; (ii) due to the foregoing shortcomings, these wells were at an increased risk of explosion; and (iii) that as a result of the foregoing, Anadarko’s public statements were materially false and misleading at all relevant times.
On April 17, 2017, an explosion near an Anadarko well killed two and critically injured another person. Then on April 26, 2017, it was reported that Anadarko would shut down 3,000 vertical wells in Colorado following this explosion. Then on May 2, 2017, it was announced that the explosion was linked to a faulty gas line connected to an old well owned by Anadarko.
If you suffered a loss in Anadarko Petroleum you have until July 3, 2017 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.
Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP Joseph E. Levi, Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171 www.zlk.com
