FERRELLGAS SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors with Losses in Ex...
November 04 2016 - 10:07PM
Business Wire
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.
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version on businesswire.com: http://www.businesswire.com/news/home/20161104005011/en/
Kahn Swick & Foti, LLCLewis Kahn, 1-877-515-1850Managing
Partnerlewis.kahn@ksfcounsel.com
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