CLASS ACTION UPDATE for APC and MESA: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

NEW YORK, NY / ACCESSWIRE / April 14, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the links provided. There is no cost or obligation to you.

Anadarko Petroleum Corporation (NYSE:APC, OXY)
APC Lawsuit on behalf of: investors who purchased February 20, 2015 - May 2, 2017
Lead Plaintiff Deadline: April 20, 2020
Join the action: https://www.zlk.com/pslra-1/anadarko-petroleum-corporation-loss-form?wire=3&prid=6033

Allegations: Anadarko Petroleum Corporation made materially false and/or misleading statements and/or failed to disclose that: (1) the value of the Shenandoah assets and the success of the Shenandoah appraisal wells were overstated; (2) the Company lacked effective internal control over financial reporting; and (3) as a result of the foregoing, Defendants' statements about the Company's Shenandoah assets lacked a reasonable basis.

To learn more about the Anadarko Petroleum Corporation class action, contact jlevi@levikorsinsky.com.

Mesa Air Group Incorporated (MESA)
MESA Lawsuit on behalf of: investors who purchased shares pursuant and/or traceable to the documents issued in connection with Mesa Air Group's August 2018 initial public offering.
Lead Plaintiff Deadline: June 1, 2020
Join the action: https://www.zlk.com/pslra-1/mesa-air-group-incorporated-loss-form?wire=3&prid=6033

Allegations: During the class period, Mesa Air Group Incorporated made materially false and/or misleading statements and/or failed to disclose that: (1) Mesa Air Group's operational performance was poor and below industry standards; (2) Mesa Air Group had a shortage of qualified mechanics and maintenance personnel; (3) Mesa Air Group had an inadequate number of spare aircraft and parts; (4) Mesa Air Group did not have a strong track record of reliable performance; (5) then-existing "risks" had already materialized; (6) Mesa Air Group knew of undisclosed adverse trends and uncertainties at the time of the initial public offering; and (7) as a result, Defendants' public statements were materially false and misleading at all relevant times.

To learn more about the Mesa Air Group Incorporated class action, contact jlevi@levikorsinsky.com.

You have until the lead plaintiff deadlines to request 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 nationally recognized 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.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

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