February 28, 2020 - 6:04 PM EST
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INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Gulfport Energy Corporation (GPOR) on Behalf of Investors

BENSALEM, Pa.

Law Offices of Howard G. Smith announces an investigation on behalf Gulfport Energy Corporation (“Gulfport Energy” or the “Company”) (NASDAQ: GPOR) investors concerning the Company and its officers’ possible violations of federal securities laws.

On February 27, 2020, Gulfport Energy disclosed that its third quarter 2019 financial statements should no longer be relied upon due to material misstatements. For the nine months ended September 30, 2019, Gulfport Energy (1) understated its accumulated depletion, depreciation, amortization and impairment by $554 million, (2) overstated its income from operations by $554 million, and (3) overstated its net income by $436 million.

On this news, Gulfport Energy’s stock price fell $0.0807, or nearly 9%, to close at $0.8196 per share on February 28, 2020, thereby injuring investors.

If you purchased Gulfport Energy securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com


Source: Business Wire (February 28, 2020 - 6:04 PM EST)

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