The Shuman Law Firm Investigates Hi-Crush Partners LP
BOULDER, Colo. -- August 26, 2013
The Shuman Law Firm announces that it is investigating potential claims
against certain officers and directors of Hi-Crush Partners LP (“Hi-Crush” or
the “Company”) (NYSE: HCLP). Hi-Crush is a Texas-based company that operates
as a producer of monocrystalline sand used in natural gas and oil wells.
The Firm’s investigation concerns the Company’s announcement that the
Securities Exchange Commission had requested information concerning a contract
dispute with Baker Hughes Oilfield Operations, Inc. (“Baker Hughes”). On
September 19, 2012, Baker Hughes provided notice to Hi-Crush that it was
terminating its long-term, take-or-pay supply contract with Hi-Crush. The
Baker Hughes contract accounted for approximately one-fifth of Hi-Crush’s
revenue projections. Hi-Crush and Baker Hughes continue to engage in
litigation over the terminated contract. When the Company publicly announced
the details of the Baker Hughes dispute on November 13, 2012, Hi-Crush’s stock
price fell approximately 22%.
If you currently own Hi-Crush common stock and are interested in discussing
your rights as a shareholder, or have information relating to this
investigation, please contact Kip B. Shuman or Rusty E. Glenn toll free at
(866) 974-8626 or email Mr. Shuman at email@example.com or email Mr. Glenn
The Shuman Law Firm represents investors throughout the nation, concentrating
its practice in stockholder litigation.
The Shuman Law Firm
Kip B. Shuman, Esq., 866-974-8626
Rusty E. Glenn, Esq., 866-974-8626
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