Federman & Sherwood Announces Filing of Class Action Lawsuit, With Expanded Class Period, Against Officers and Directors of Delta Petroleum, Inc. (PINKSHEETS: DPTRQ)

OKLAHOMA CITY, OK--(Marketwire - Jun 12, 2012) - On June 12, 2012, Federman & Sherwood, a law firm representing investors nationwide, filed a class action lawsuit in the United States District Court for the District of Colorado against certain, current and/or former officers and directors of Delta Petroleum, Inc. (PINKSHEETS: DPTRQ), alleging violations of federal securities laws §§10(b) and 20(a) of the Securities Act of 1934 and SEC Rule 10b-5, 17 C.F.R. §240.10b-5, which includes allegations of issuing a series of material or false misrepresentations to the market which had the effect of artificially inflating the market price during the Class Period, which Federman & Sherwood has now expanded to include all shareholders who purchased common stock from March 11, 2010 through November 9, 2011.

Plaintiff seeks to recover damages on behalf of all Delta Petroleum, Inc. shareholders who purchased common stock during the expanded Class Period and are therefore a member of the Class. You may move the Court no later than Monday, June 18, 2012 to serve as a lead plaintiff for the entire Class. However, in order to do so, you must meet certain legal requirements pursuant to the Private Securities Litigation Reform Act of 1995.

If you wish to discuss this action, obtain further information and participate in this or any other securities litigation, or should you have any questions or concerns regarding this notice or preservation of your rights, please contact: