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Apache Corporation


The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Southern District of Texas on behalf of those who acquired Apache Corporation (“Apache” or the “Company”) (NASDAQ: APA) securities from September 7, 2016 through March 13, 2020 (the “Class Period”). Investors have until April 26, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

The complaint alleges that, throughout the Class Period, the defendants failed to disclose to investors that: (1) Apache intentionally used unrealistic assumptions regarding the amount and composition of available oil and gas in Alpine High; (2) Apache did not have the proper infrastructure in place to safely and/or economically drill and/or transport those resources even if they existed in the amounts purported; (3) these misleading statements and omissions 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.

If you purchased or otherwise acquired Apache securities, have information, or would like to learn more about these claims, please contact Thomas W. Elrod of Kirby McInerney LLP at 212-371-6600, by email at investigations@kmllp.com, or by filling out this contact form, to discuss your rights or interests with respect to these matters without any cost to you.      

Apache Corporation Investor Contact Form