Kessler Topaz Meltzer & Check, LLP: Investigation on Behalf of Camber Energy, Inc. Shareholders

Kessler Topaz Meltzer & Check, LLP is currently investigating potential violations of the federal securities laws on behalf of purchasers of Camber Energy, Inc. (NYSE: CEI) (“Camber”) securities between  August 17, 2021 and October 4, 2021.

Camber investors may receive additional information about the investigation by clicking the link "Submit Your Information" above.

Camber is an independent oil and natural gas company that engages in the acquisition, development, and sale of crude oil, natural gas, and natural gas liquids in the Cline shale and upper Wolfberry shale in Glasscock County, Texas.

On October 5, 2021, Kerrisdale Capital issued a report which stated that “Camber is a defunct oil producer that has failed to file financial statements with the SEC since September 2020, is in danger of having its stock delisted next month, and just fired its accounting firm in September. Its only real asset is a 73% stake in Viking Energy, an OTC-traded company with negative book value and a going-concern warning that recently violated the maximum-leverage covenant on one of its loans. (For a time, it also had a fake CFO – long story.)”

Following this news, Camber’s stock price fell $1.56, or over 50%, to close at $1.53 per share on October 5, 2021. 

If you have any questions or would like to discuss this investigation, please contact Kessler Topaz Meltzer & Check, LLP:  James Maro, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at [email protected].