NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky, LLP is investigating Penn West Petroleum Ltd. (“Penn West” or the “Company”) (NYSE:PWE) in connection with possible violations of federal securities laws.
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On July 29, 2014, the Company issued a report announcing that its Audit Committee of the Company’s Board of Directors is conducting an internal review of its accounting practices. Per the report, “the Board of Directors of Penn West has concluded that certain of the Company’s historical financial statements and related management’s discussion and analysis (“MD&A”) must be restated, which may result in the release of second quarter 2014 financial results being delayed.”
If you own common stock in Penn West and wish to obtain additional information, please contact Eduard Korsinsky, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/penn-west-petroleum-pwe.
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