INVESTOR ALERT: Former Louisiana Attorney General and Kahn Swick &
Foti, LLC Remind Investors With Large Financial Interests of Lead
Plaintiff Deadline in Class Action Lawsuit Against Hi-Crush Partners
NEW ORLEANS, LA -- (Marketwire) -- 11/27/12 -- Kahn Swick & Foti,
LLC ("KSF") and KSF partner, the former Attorney General of
Louisiana, Charles C. Foti, Jr., remind investors that they have
until January 20, 2013 to file lead plaintiff applications in a
securities class action lawsuit against Hi-Crush Partners LP (NASDAQ:
HCLP), if they purchased the Company's common stock in and/or
following the Company's initial public offering completed on or about
August 16, 2012 (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 Hi-Crush 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, e-mail or call KSF Managing Partner, Lewis Kahn
(firstname.lastname@example.org), toll free, 877-515-1850, or via cell
phone any time at 504-301-7900. If you wish to serve as a lead
plaintiff in this class action, you must petition the Court by
January 20, 2013.
About the Lawsuit
Hi-Crush and certain of its senior executives are charged with
issuing a materially false and misleading Registration Statement in
connection with the Company's August 2012 IPO, in violation of
federal securities laws.
Specifically, the complaint alleges that, on November 13, 2012,
Hi-Crush was forced to disclose that Baker Hughes had unilaterally
repudiated a significant supply contract, stating Hi-Crush was in
breach. On this belated disclosure, Hi-Crush's stock price fell $5.00
per share, or 25%, on extremely high trading volume.
About Kahn Swick & Foti, LLC
To learn more about KSF, whose partners include the Former Louisiana
Attorney General, Charles C. Foti, Jr., and other lawyers with
significant experience litigating complex securities class actions
nationwide on behalf of both institutional and individual
shareholders, you may visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
or after hours via cell phone 504-301-7900
206 Covington St.
Madisonville, LA 70447
Press spacebar to pause and continue. Press esc to stop.