Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses in Excess of
$100,000 Investing in KiOR, Inc. to Contact the Firm -- KIOR
NEW YORK, Oct. 11, 2013 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading
national securities law firm, reminds investors in KiOR, Inc. ("KiOR" or the
"Company") (Nasdaq:KIOR) of the October 21, 2013 deadline to seek the role of
lead plaintiff in a federal securities class action lawsuit filed against the
Company and certain executives.
A complaint has been filed on behalf of all persons who purchased or otherwise
acquired KiOR securities between August 14, 2012 and August 7, 2013 (the
The complaint alleges that the Company and its executives violated federal
securities laws with respect to its disclosures concerning business,
operational, and compliance policies.
Specifically, the action alleges that throughout the Class Period the Company
made false and/or misleading statements and/or failed to disclose that: (i)
KiOR was not on track to produce commercially meaningful quantities of biofuel
and (ii) KiOR had inadequate internal controls over production level
calculations and forecasting at its Columbus, Mississippi facility.
On August 8, 2013, KiOR announced that it shipped over 75,000 gallons of
cellulosic fuel from the Columbus facility, contrasting with its May 2013
estimation of 300,000 to 500,000 gallons. Following this news, the Company's
stock declined from a close of $4.72 per share on August 7, 2013 to a close of
$3.67 on August 12, 2013.
Request more information now by clicking here: www.faruqilaw.com/KIOR. There
is no cost or obligation to you.
If you invested in KiOR stock or options between August 14, 2012 and August 7,
2013 and would like to discuss your legal rights, visit
www.faruqilaw.com/KIOR. You can also contact us by calling Richard Gonnello or
Francis McConville toll free at 877-247-4292 or at 212-983-9330 or by sending
an e-mail to email@example.com or firstname.lastname@example.org.Faruqi &
Faruqi, LLP also encourages anyone with information regarding KiOR's conduct
to contact the firm, including whistleblowers, former employees, shareholders
Attorney Advertising.The law firm responsible for this advertisement is
Faruqi & Faruqi, LLP (www.faruqilaw.com).Prior results do not guarantee or
predict a similar outcome with respect to any future matter.We welcome the
opportunity to discuss your particular case.All communications will be
treated in a confidential manner.
CONTACT: FARUQI & FARUQI, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
Francis McConville, Esq.
Telephone: (877) 247-4292 or (212) 983-9330
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