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PRESS RELEASE from provider: Business Wire
This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of Alta Mesa Resources, Inc. f/k/a Silver Run Acquisition Corporation Investors

February 27, 2019

BENSALEM, Pa.--(BUSINESS WIRE)--Feb 27, 2019--Law Offices of Howard G. Smith announces an investigation on behalf of Alta Mesa Resources, Inc. (“Alta Mesa” or the “Company”) (NASDAQ:  AMR ) concerning the Company and its officers’ possible violations of federal securities laws.

On February 25, 2019, the Company announced that it “had an ineffective internal control over financial reporting due to an identified material weakness in both the design of its controls and the execution of its control procedures.” The Company further disclosed that “Alta Mesa Resources expects to record material, non-cash asset impairment charges” of approximately $3.1 billion.

On this news, Alta Mesa’s share price fell approximately $0.58, or nearly 64%, to close at $0.33 per share on February 26, 2019, thereby injuring investors.

If you purchased Alta Mesa securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to  howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190227006007/en/

CONTACT: Law Offices of Howard G. Smith

Howard G. Smith, Esquire

215-638-4847

888-638-4847

howardsmith@howardsmithlaw.com

www.howardsmithlaw.com

KEYWORD: UNITED STATES NORTH AMERICA PENNSYLVANIA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL

SOURCE: Law Offices of Howard G. Smith

Copyright Business Wire 2019.

PUB: 02/27/2019 04:59 PM/DISC: 02/27/2019 04:59 PM

http://www.businesswire.com/news/home/20190227006007/en