NYSE American: CEI

Camber Energy, Inc.

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Camber Energy, Inc. (NYSE American: CEI) between February 18, 2021 and October 4, 2021, inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 28, 2021.

If you purchased Camber securities between February 18, 2021 and October 4, 2021 and would like to join the action, please click “Join This Class Action.”

Class Period:February 18, 2021 through October 4, 2021
If you purchased Camber securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of the case:

This page describes the lawsuit against energy company Camber for alleged misleading statements.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that:

  • Camber overstated the financial and business prospects of Viking Energy Group, Inc. (“Viking”) as well as the combined company post-merger;
  • Camber failed to apprise investors of, and/or downplayed, the fact that its acquisition of a controlling interest in Viking would exacerbate the Company’s delinquent financial statements and listing obligations with the NYSE;
  • an institutional investor was diluting Camber’s shares at a significant rate following the Company’s July 12, 2021. Update regarding the number of its shares of common stock issued and outstanding; and
  • as a result, the Company’s public statements were materially false and misleading at all relevant times.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Attorney Advertising. Prior results do not guarantee a similar outcome.

This page describes the lawsuit against energy company Camber for alleged misleading statements.

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Company Name: Camber Energy, Inc.
Stock Symbol: CEI
Class Period: February 18, 2021 through October 4, 2021
Court: United States District Court for the Southern District of Texas

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The Rosen Law Firm has been ranked among the top 4 law firms each year since 2013 for the number of successful securities class actions on behalf of investors. In 2019 alone, our firm recovered $438 million for investors.

Investors should carefully identify and select experienced counsel with a track record of success leading securities class actions. Often other firms issue press releases about class actions yet do not have comparable experience or resources.

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The Rosen Law Firm represents investors throughout the globe. Our mission is to prosecute securities fraud class actions and protect shareholders’ rights.

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