The Rosen Law Firm announces that it is investigating potential securities fraud claims against Global Geophysical Services, Inc. (NYSE:GGS) resulting from allegations that GGS may have improperly recognized revenues in all periods between 2009 and Q3, 2013. On March 18, 2014, GGS announced that it is restating its annual financial statements for the years ended December 31 2009, 2010, 2011, and 2012, as well as its quarterly statements for the first three quarters of 2013. For the three months ended September 30, 2013, the most recent quarterly filing, GGS announced that it would restate its financial statements to decrease revenues by $5.0 million. The restatement indicates that GGS’s prior financial statements for these periods were materially inaccurate. The Rosen Law Firm is preparing a securities class action lawsuit on behalf of GGS investors. If you purchased GGS stock before March 17, 2014, or if you bought GGS Series A preferred stock, please visit the website at http://rosenlegal.com for more information. You may also contact Jonathan Horne, Esq., or Phillip Kim, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at email@example.com or firstname.lastname@example.org. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Attorney Advertising. Prior results do not guarantee a similar outcome.
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