Goldfarb Branham LLP is investigating the Board of Directors of GMX Resources, Inc. (NYSE: GMXR) for potentially violating shareholder protection laws due to a restatement of its earnings. Concerned GMX Resources stockholders are encouraged to contact attorney Hamilton Lindley toll-free at 877-583-2855 or at about their rights and remedies.

“GMX announced that its 2008 and 2009 financial statements could no longer be relied upon and would have to be restate its earnings,” said securities lawyer Hamilton Lindley. “The restated losses were over $40 million more than previously reported by the company. Our proposed shareholder action seeks to make GMX work in the best interests of its shareholders by enforcing better corporate governance and leading to improved value for investors.”

Goldfarb Branham LLP has significant experience representing shareholders and whistleblowers in securities lawsuits nationwide. GMX Resources investors – or anyone with knowledge about this issue – should contact securities attorney Hamilton Lindley at or 877-583-2855.

Copyright Business Wire 2010