Glancy Binkow & Goldberg LLP Announces Lead Plaintiff Deadline in the Class Action Lawsuit Against Hi-Crush Partners LP

  Glancy Binkow & Goldberg LLP Announces Lead Plaintiff Deadline in the Class
  Action Lawsuit Against Hi-Crush Partners LP

Business Wire

LOS ANGELES -- December 11, 2012

Glancy Binkow & Goldberg LLP announces that all purchasers of the securities
of Hi-Crush Partners LP (“Hi-Crush” or the “Company”) (NYSE:HCLP) pursuant or
traceable to the Company’s August 16, 2012 initial public offering (the “IPO”)
have until January 22, 2013 to file a motion with the Court to be appointed as
lead plaintiff. The securities fraud class action lawsuit was filed in the
United States District Court for the Southern District of New York.

Hi-Crush engages in the mining and processing of raw sands for use in
hydraulic fracturing operations in oil and gas wells. In connection with the
Company’s August 16, 2012 IPO, Hi-Crush filed a Prospectus and Registration
Statement with the Securities and Exchange Commission stating that Baker
Hughes Oilfield Operations, Inc. (“Baker Hughes”), a provider of pressure
pumping services in North America, is also one of the Company’s largest
customers. The Company further stated that substantially all of its sales are
generated under contracts with four customers, and that the “loss of or
reduced purchasing by any of them could adversely affect our results of

The Class Action Complaint alleges that the Prospectus contained numerous
false and misleading statements, including that the Prospectus: (1) failed to
inform shareholders that Baker Hughes had sought to change the material terms
of its contract with the Company as early as February 2012 and was threatening
to cancel its contract altogether prior to the issuance of the Prospectus, and
(2) failed to inform shareholders that prior to the IPO and the issuance of
the accompanying Prospectus Baker Hughes began refusing to take or pay for
Hi-Crush’s sand.

If you purchased Hi-Crush securities pursuant to the Company’s August 16, 2012
IPO, you may move the Court no later than January 22, 2013 to serve as lead
plaintiff; however, you must meet certain legal requirements. To be a member
of the Class you need not take action at this time; you may retain counsel of
your choice or take no action and remain an absent Class member. To learn more
about this action, or if you have any questions concerning this Notice or your
rights or interests with respect to these matters, please contact Michael
Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East,
Suite 2100, Los Angeles, California 90067, by telephone at (310) 201-9150,
Toll Free at (888) 773-9224, by e-mail to, or visit
our website at

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.


Glancy Binkow & Goldberg LLP, Los Angeles, CA
Michael Goldberg
310-201-9150 or 888-773-9224
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