real-time news and commentary for investors
Tuesday, Oct 1
Hyperdynamics -5.5% on news of DOJ investigation
- Hyperdynamics (HDY) -5.5% premarket after announcing it received a U.S. Justice Department subpoena requesting documents relating to its business in Guinea.
- HDY says the DOJ is investigating whether its activities in obtaining and retaining concession rights to an oil and gas concession offfshore Guinea and its relationships with charitable organizations potentially violate the U.S. Foreign Corrupt Practices Act or U.S. anti-money laundering statutes.