MILWAUKEE, Jan. 25, 2013 (GLOBE NEWSWIRE) -- We are investigating W&T Offshore, Inc. ("W&T" or the "Company") and its Board of Directors in connection with the Company's failure to comply with federal and state regulations and requesting that the Board improve the company's governance and internal controls so as to avoid such violations going forward.
Click here to learn how to join the action: http://www.ademilaw.com/case/wt-offshore-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
A recently unsealed whistleblower complaint alleges that since at least 2009 the Company has repeatedly discharged oil into the Gulf of Mexico, failed to record the discharges, and falsified water samples and related reports. Furthermore, recently a fire started on one of its platforms, causing evacuation of personnel and an oil spill. Based on these violations, the Company is now subject to a grand jury investigation by the U.S. Attorney General of the eastern district of Louisiana, and the Environmental Protection Agency.
If you have owned common stock in W&T since 2009 and wish to obtain additional information, please contact Guri Ademi either at firstname.lastname@example.org or toll-free: 866-264-3995, http://www.ademilaw.com/case/wt-offshore-inc.
We specialize in shareholder litigation involving derivative suits and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Ademi & O'Reilly, LLP Guri Ademi 3620 East Layton Ave. Cudahy, WI 53110 Toll Free: (866) 264-3995 Fax: (414) 482-8001 www.ademilaw.comSource:Ademi & O'Reilly, LLP