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Stock Market & Financial Investment News

News Breaks
June 25, 2014
18:11 EDTCAKCAMAC to restate Q1, cites errors
CAMAC disclosed in a regulatory filing that on June 19, the management of CAMAC Energy concluded that the company’s unaudited financial statements included in its quarterly report on Form 10-Q for the first quarter of 2014 contained errors. On June 24, the company’s audit committee and management concluded that the unaudited financial statements contained in the First Quarter 10-Q should no longer be relied upon because of these errors and that the company should amend the First Quarter 10-Q and restate the unaudited financial statements contained therein.
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