SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of StoneMor Partners L.P. of a Class Action Lawsuit & a Lead Pl...
January 03 2017 - 11:56AM
Business Wire
The following statement is being issued by Levi & Korsinsky,
LLP:
To: All persons or entities who purchased or otherwise
acquired securities of StoneMor Partners L.P. (NYSE:STON)
between January 19, 2012 and October 27,
2016. You are hereby notified that a securities
class action lawsuit has been commenced in the USDC for the Eastern
District of Pennsylvania. To get more information go to:
http://www.zlk.com/pslra/stonemor-partners
or contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972. There is no cost or obligation to you.
The complaint alleges that throughout the Class Period StoneMor
made false and misleading statements and/or failed to disclose: (1)
that the Company’s reported non-GAAP financial metrics were
materially misleading and concealed the truth about the Company’s
actual financial condition; and (2) that the primary purpose of the
Company’s regular debt and equity offerings were to pay
distributions to unitholders, rather than to pay down indebtedness
under the Company’s revolving credit facility as publicly
stated.
If you suffered a loss in StoneMor you have until
January 20, 2017 to request that
the Court appoint you as lead plaintiff. Your ability to share in
any recovery doesn’t require that you serve as a lead
plaintiff.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, California, Connecticut, and Washington D.C. The
firm’s attorneys have extensive expertise and experience
representing investors in securities litigation, and have recovered
hundreds of millions of dollars for aggrieved shareholders.
Attorney advertising. Prior results do not guarantee similar
outcomes.
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version on businesswire.com: http://www.businesswire.com/news/home/20170103005969/en/
Levi & Korsinsky, LLPJoseph E. Levi, Esq.Tel:
212-363-7500Toll Free: 877-363-5972Fax: 212-363-7171www.zlk.com
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