Hyperdynamics Corp (HDYNQ)

[tdbowieknife]

Great!... Hyperdynamics Announces Close of FCPA Inquiry by Department of Justice

HOUSTON, May 22, 2015 /PRNewswire/ -- Hyperdynamics Corporation (OTCQX:HDYN) announced today that, as set forth in the attached letter, the United States Department of Justice (DOJ) has closed its investigation into possible violations by Hyperdynamics of the Foreign Corrupt Practices Act (FCPA) without bringing any charges against the Company.

Hyperdynamics had cooperated with the government's investigation, and DOJ noted the value of the Company's cooperation in its letter.

Ray Leonard, President and CEO, commented, "This is an important development for Hyperdynamics. We are extremely pleased to be informed that the DOJ has closed its inquiry into this matter."

As previously disclosed, both the DOJ and SEC issued subpoenas to Hyperdynamics concerning possible violations of the FCPA and other laws. The SEC investigation has not yet been resolved.


PDF - http://origin-qps.onstreammedia.com/origin/multivu_archive/ENR/0-Hyperdynamics-Corporation---Declination-Letter.pdf


http://investors.hyperdynamics.com/releasedetail.cfm?ReleaseID=914636


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