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Rigrodsky & Long, P.A. Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against Houston American Energy Corp.

Stocks in this article: HUSA

Second graph should read: If you purchased shares of HUSA during the Class Period, or purchased shares prior to the Class Period and still hold HUSA stock, and wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact Scott J. Farrell, Esquire or Peter Allocco of Rigrodsky & Long, P.A., 825 East Gate Boulevard, Suite 300, Garden City, NY at (888) 969-4242, by e-mail to info@rigrodskylong.com, or at: http://www.rigrodskylong.com/investigations/houston-american-energy-corporation-husa.

The corrected release reads:

RIGRODSKY & LONG, P.A. ANNOUNCES A SECURITIES FRAUD CLASS ACTION LAWSUIT HAS BEEN FILED AGAINST HOUSTON AMERICAN ENERGY CORP.

Rigrodsky & Long, P.A. announces that a complaint has been filed in the United States District Court for the Southern District of Texas on behalf of all persons or entities that purchased the securities of Houston American Energy Corporation (“HUSA” or the “Company”) (NYSE Amex: HUSA) between October 5, 2010 and April 19, 2012, inclusive (the “Class Period”), alleging violations of the Securities Exchange Act of 1934 against the Company and certain of its officers and directors (the “Complaint”).

If you purchased shares of HUSA during the Class Period, or purchased shares prior to the Class Period and still hold HUSA stock, and wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact Scott J. Farrell, Esquire or Peter Allocco of Rigrodsky & Long, P.A., 825 East Gate Boulevard, Suite 300, Garden City, NY at (888) 969-4242, by e-mail to info@rigrodskylong.com, or at: http://www.rigrodskylong.com/investigations/houston-american-energy-corporation-husa.

HUSA, a Delaware corporation headquartered in Houston, Texas, is an oils and gas exploration and production company operating in the Gulf Coast region, principally in Texas and Louisiana, and in Colombia, South America. The Complaint alleges that throughout the Class Period, defendants made materially false and misleading statements regarding its business operations, financial condition and prospects. Specifically, the Complaint alleges that defendants made materially false and misleading statements, and/or failed to disclose adverse material facts concerning the commercial viability of its Tamandua #1 oil and gas well in Colombia, and the well’s C7 and C9 formations.

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