Law Offices of Howard G. Smith Announces Lead Plaintiff Deadline In The
Class Action Lawsuit Against KiOR, Inc.
BENSALEM, Pa. -- September 30, 2013
Law Offices of Howard G. Smith announces that investors of KiOR, Inc. (“KiOR”
or the “Company”) (NASDAQ:KIOR) have until October 21, 2013 to move the Court
to serve as lead plaintiff in the securities fraud class action lawsuit filed
in the United States District Court for the Southern District of Texas on
behalf of a class (the “Class”) comprising all purchasers of KiOR securities
between August 14, 2012 and August 7, 2013, inclusive (the “Class Period”).
KiOR is a renewable fuels company that utilizes a proprietary
biomass-conversion fuel technology platform for the production and sale of
cellulosic gasoline and diesel. The Complaint alleges that defendants issued
false and/or misleading statements and/or failed to disclose that: (1) the
Company was not on track to produce commercially meaningful quantities of
biofuel at its Columbus, Mississippi, facility in the amounts or on the
schedule projected by management; (2) the Company lacked adequate internal and
financial controls over its calculation and forecasting of production levels
at the Columbus facility; and (3) as a result of the foregoing, the Company’s
statements were materially false and misleading at all relevant times.
If you are a member of the Class described above, you have certain rights and
have until October 21, 2013 to move for lead plaintiff status. To be a member
of the Class you need not take any action at this time; you may retain counsel
of your choice or take no action and remain an absent member of the Class. If
you purchased KiOR shares prior to the Class Period or have any questions
concerning this Notice or your rights or interests with respect to these
matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G.
Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone
at (215) 638-4847, Toll Free at (888) 638-4847, or by email to
email@example.com, or visit our website at
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
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