SAN DIEGO, Sept. 21, 2022 (GLOBE NEWSWIRE) — Johnson Fistula, LLP is investigating, on behalf of Apache Corporation (NASDAQ: APA) (“Apache”), potential claims against certain of its officers and directors.

If you have owned Apache shares continuously since/before September 7, 2016, you may do so Click on the link below or copy and paste it into a browser to enter this promotion:

https://www.johnsonfistel.com/investigations/apache-corporation-class-action-apa

A class action lawsuit was filed against Apache last year. The lawsuit alleges that during the class period, the defendants failed to disclose to investors: (1) Apache intentionally made unrealistic assumptions regarding the quantity and composition of the available oil and gas at Alpine High; (2) Apache did not have the appropriate infrastructure to drill and/or transport these resources safely and/or economically, even if in the amounts stated; (3) these misleading statements and omissions have artificially inflated the value of Apache’s operations in the Permian Basin; and (4) as a result, Apache’s public statements were materially false and misleading at all relevant times.

Recently, US Judge Andrew M. Edison of the Southern District of Texas denied the defendant’s motion to dismiss a shareholder class action lawsuit.

If you are a current, long-term shareholder of Apache and hold shares prior to September 7, 2016, You may have the authority to indemnify Apache for the alleged harm caused by the company’s officers and directors by holding them personally responsible. You may also be able to assist in reforming the company’s corporate governance to prevent future wrongdoing.

If you If you are interested in learning more about the investigation, please contact lead analyst Jim Baker ([email protected]) at 619-814-4471. When emailing, please include your phone number.

About Johnson Fistula, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in…