GPM Reminds Investors of the June 21 Deadline in the Class Action Lawsuit Against Horsehead Holding Corp.
June 20 2016 - 12:30PM
Business Wire
Investors with over $100,000 in losses are encouraged to contact
Lesley Portnoy, Esquire to discuss their legal rights.
Glancy Prongay & Murray LLP (“GPM”) reminds investors of the
upcoming June 21, 2016 deadline to file a lead plaintiff
motion in the class action filed on behalf of a class (the “Class”)
of investors who purchased Horsehead Holdings Corp. (“Horsehead” or
the “Company”) (NASDAQ: ZINC)
securities between May 21, 2014 and February 2, 2016,
inclusive (the “Class Period”). Horsehead investors have
until June 21, 2016 to file a lead plaintiff
motion.
The Complaint alleges that throughout the Class Period,
defendants misled investors, and/or failed to disclose that:
defendants provided operational updates that misstated the extent
and seriousness of the Mooresboro Facility's problems, provided
zinc production figures detached from the widespread and unsolved
defects throughout the production process, and failed to disclose
cash and revenue shortfalls that threatened the Company's ability
to pay its creditors and complete the facility's ramp-up.
If you purchased Horsehead shares, you may move the Court no
later than June 21, 2016 to request appointment as
lead plaintiff. To be a member of the class you need not take any
action at this time; you may retain counsel of your choice or take
no action and remain an absent member of the Class. If you wish
to learn more about this action, or if you have any
questions concerning this announcement or your rights or interests
with respect to these matters, please contact Lesley Portnoy,
Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles,
California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by
email to shareholders@glancylaw.com, or visit our website at
http://www.glancylaw.com. If you inquire by email please include
your mailing address, telephone number and number of shares
purchased.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20160620006089/en/
Glancy Prongay & Murray LLP, Los AngelesLesley Portnoy,
310-201-9150 or
888-773-9224shareholders@glancylaw.comwww.glancylaw.com
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