NEW ORLEANS, Oct. 21, 2016 /PRNewswire/ -- Kahn Swick &
Foti, LLC ("KSF") and KSF partner, the former Attorney General of
Louisiana, Charles C. Foti, Jr., remind investors that they
have until December 5, 2016 to
file lead plaintiff applications in a securities class action
lawsuit against Ferrellgas Partners, L.P. (NYSE: FGP), if they
purchased the Company's securities between June 1, 2015 and September
28, 2016, inclusive (the "Class Period"). This action
is pending in the United States District Court for the Southern
District of New York.
What You May Do
If you purchased shares of Ferrellgas and would like to discuss
your legal rights and how this case might affect you and your right
to recover for your economic loss, you may, without obligation or
cost to you, call toll-free at 1-877-515-1850 or email KSF Managing
Partner Lewis Kahn (lewis.kahn@ksfcounsel.com). If you wish to
serve as a lead plaintiff in this class action, you must petition
the Court by December 5,
2016.
About the Lawsuit
Ferrellgas and certain of its executives are charged with
failing to disclose material information during the Class Period,
violating federal securities laws.
On September 28, 2016, Ferrellgas
disclosed a net loss of $665.4
million for fiscal year 2016, compared to a net profit of
$29.6 million for fiscal year 2015.
Ferrellgas further announced the resignation of the Company's
President and CEO, Stephen L.
Wambold.
On this news, the price of Ferrellgas' shares plummeted.
About Kahn Swick & Foti, LLC
KSF, whose partners include the Former Louisiana Attorney
General Charles C. Foti, Jr., is a
law firm focused on securities, antitrust and consumer class
actions, along with merger & acquisition and breach of
fiduciary litigation against publicly traded companies on behalf of
shareholders. The firm has offices in New
York, California and
Louisiana.
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850
206 Covington St.
Madisonville, LA 70447
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SOURCE Kahn Swick & Foti, LLC