Deadline on January 21 in Lawsuit for Investors in Hi-Crush Partners LP (HCLP)
Announced by Shareholders Foundation
SAN DIEGO, Jan. 7, 2013 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc.
announces that a deadline to get actively involved is coming up on January 21,
2013 in the lawsuit filed on behalf of certain investors in shares of Hi-Crush
Partners LP (HCLP) over alleged Violations of Federal Securities Laws by
Hi-Crush Partners LP in connection with its initial public offering ("IPO").
If you purchased a significant amount of common stock of Hi-Crush Partners LP
(HCLP) in and/or following the Company's IPO completed on or about August 16,
2012, you have certain options and you should contact the Shareholders
Foundation, Inc. by e-mail at email@example.com or call +1 (858)
The plaintiff alleges that Hi-Crush Partners LP failed to disclose in
connection with the IPO that prior to the IPO, Baker Hughes Oilfield
Operations, one of Hi-Crush Partners' largest customers, had sought to change
the terms of, or cancel, its supply contract with Hi-Crush Partners LP.
On November 13, 2012, Hi-Crush Partners LP reported its third quarter 2012
results. Among other things, Hi-Crush Partners LP disclosed that on September
19, 2012 Baker Hughes Oilfield Operations provided notice that it was
terminating a supply agreement with the Company.
HCLP stock declined from as high as $20.79 on Nov. 9, 2012 to as low as $14.42
per share on December 18, 2012.
Those who purchased shares of Hi-Crush Partners LP have certain options and
should contact the Shareholders Foundation, Inc. by e-mail at
firstname.lastname@example.org or call +1 (858) 779-1554.
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring
and a settlement claim filing service, which does research related to
shareholder issues and informs investors of securities class actions,
settlements, judgments, and other legal related news to the stock/financial
market. The Shareholders Foundation, Inc. is not a law firm. The information
is provided as a public service. It is not intended as legal advice and should
not be relied upon.
The Shareholders Foundation, Inc. logo is available at
CONTACT: Shareholders Foundation, Inc.
+1 (858) 779-1554
3111 Camino Del Rio North
San Diego, CA 92108
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