Sunday 25 December 2011

ISRAMCO, INC. (NASADAQ: ISRL) SHAREHOLDER DERIVATIVE LAWSUIT INVESTIGATION

ISRAMCO, INC. (NASADAQ: ISRL) SHAREHOLDER DERIVATIVE LAWSUIT INVESTIGATION


As Isramco, Inc. (ISRL) Investors Learn of Allegations of Impropriety by Company Insiders Court Decides Fate


An investigation on behalf of NASDAQ listed Isramco, Inc. (ISRL) shareholders over possible fiduciary breaches and alleged fraudulent transactions by Isramco, Inc. (NASDAQ: ISRL) board members has been announced.
Recent allegations of impropriety by Isramco, Inc. (NASDAQ: ISRL) insiders have been reported. The highly publicized actions outlined in the media include alleged reports of self - dealing and other allegations of possibly improper transactions at this Houston-based oil and gas company. Such transactions may have caused economic harm to Isramco investors and shareholders and may form the basis of shareholder derivative suits and other actionable claims.
According to the investigation Isramco, Inc. (Nasdaq: ISRL) is controlled by Chairman and CEO Haim Tsuff of Holland, who, through a web of foreign entities, owns approximately 50% of Isramco, Inc’s (Nasdaq: ISRL) stock.
Any investor or shareholder who currently or previously owned shares of Isramco, Inc. (NASDAQ: ISRL) should immediately contact us at 1-800-467-4000 or by completing the short contact form on the right side of this page for immediate information regarding their legal rights and options.

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