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April 23, 2021, 12:29 p.m. EDT

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Apache Corporation of a Class Action Lawsuit and a Lead Plaintiff Deadline of April 26, 2021 - APA

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New York, New York, Apr 23, 2021 (Newsfile Corp via COMTEX) -- New York, New York--(Newsfile Corp. - April 23, 2021) - The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of Apache Corporation ("Apache Corp") /zigman2/quotes/200648444/composite APA -0.22% between September 7, 2016 and March 13, 2020 . You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of Texas. To get more information go to:

https://www.zlk.com/pslra-1/apache-corporation-loss-submission-form?prid=15076&wire=5

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Apache intentionally used unrealistic assumptions regarding the amount and composition of available oil and gas in Alpine High; (ii) Apache did not have the proper infrastructure in place to safely and/or economically drill and/or transport those resources even if they existed in the amounts purported; (iii) these misleading statements and omissions artificially inflated the value of the Company's operations in the Permian Basin; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

If you suffered a loss in Apache Corp you have until April 26, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/81560

COMTEX_384954916/2523/2021-04-23T12:29:08

Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

copyright (c) newsfile corp. 2021. all rights reserved

/zigman2/quotes/200648444/composite
US : U.S.: Nasdaq
$ 22.63
-0.05 -0.22%
Volume: 5.81M
June 11, 2021 4:00p
P/E Ratio
1,223
Dividend Yield
0.44%
Market Cap
$8.55 billion
Rev. per Employee
$1.95M
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