IMPORTANT SHAREHOLDER ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Warren Resources, Inc. and Encourages Investors with Losses to Contact the Firm

IRVINE, Calif.--(BUSINESS WIRE)--

Khang & Khang LLP (the "Firm") announces that a class action lawsuit has been filed against Warren Resources, Inc. ("Warren" or the "Company") (Nasdaq: WRES OTC WRESQ: ). Investors who purchased or otherwise acquired shares between November 4, 2014 and June 2, 2016 inclusive (the "Class Period"), are encouraged to contact the Firm prior to the October 11, 2016 lead plaintiff motion deadline.

If you purchased shares of Warren during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

According to the complaint, the Company issued false and misleading statements that it was prepared to handle market fluctuations, when the Company was actually becoming increasingly insolvent. Thus, Warren's statements about business, operations, and prospects were false and misleading and/or lacked a reasonable basis. On June 2, 2016, the Company filed for Chapter 11 bankruptcy. When this news was revealed, shares of Warren decreased in value, causing investors harm.

If you wish to learn more about this lawsuit, or if you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in some jurisdictions.

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