Shareholder Rights Law Firm Johnson & Weaver, LLP Investigates Carbo Ceramics Inc. for Securities Fraud

Shareholder Rights Law Firm Johnson & Weaver, LLP announces that it is investigating whether certain officers and directors of Carbo Ceramics, Inc. (NYSE: CRR) breached their fiduciary duties and committed violations of United States securities laws.

Carbo Ceramics manufactures and supplies ceramic proppants primarily used in the hydraulic fracturing of natural gas and oil wells in the United States and internationally.

Johnson & Weaver, LLP’s investigation focuses on whether certain officers and directors of Carbo Ceramics issued improper financial statements that failed to disclose the company was experiencing a dramatic decline in proppant sales in the Haynesville region and was experiencing significant logistical problems. Carbo Ceramic’s stock price dropped from $130.72 per share to $103.76 per share when, on January 26, 2012, the company revealed it had experienced a 70% decline in proppant sales in the Haynesville region and that it had been unable to shift its resources to other areas because of logistical problems.

Johnson & Weaver, LLP invites Carbo Ceramics shareholders who are concerned about their legal rights and remedies to contact attorney Brett Weaver at (619) 230-0063 or brettw@johnsonandweaver.com.

Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com.

CARBO Ceramics (NYSE:CRR)
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