Glancy Prongay & Murray Announces the Filing of a Securities Class Action on Behalf of Horsehead Holding Corp. Investors & En...
June 01 2016 - 12:47PM
Business Wire
Glancy Prongay & Murray LLP (“GPM”) announces that a
class action lawsuit has been filed on behalf of investors who
purchased Horsehead Holdings Corp. (“Horsehead” or the “Company”)
(NASDAQ: ZINC) securities between May 21, 2014 and February 2,
2016, inclusive (the “Class Period”). Horsehead investors have
until June 21, 2016 to file a lead plaintiff
motion.
Investors suffering losses on their Horsehead investments are
encouraged to contact Lesley Portnoy of GPM to discuss their legal
rights in this class action at 310-201-9150 or by email to
shareholders@glancylaw.com.
The Complaint alleges that throughout the Class Period,
defendants misled investors, and/or failed to disclose that:
defendants provided operational updates that misstated the extent
and seriousness of the Mooresboro Facility's problems, provided
zinc production figures detached from the widespread and unsolved
defects throughout the production process, and failed to disclose
cash and revenue shortfalls that threatened the Company's ability
to pay its creditors and complete the facility's ramp-up.
If you purchased shares of Horsehead during the Class Period you
may move the Court no later than June 21, 2016 to
ask the Court to appoint you as lead plaintiff if you meet certain
legal requirements. 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
wish to learn more about this action, or if you have any
questions concerning this announcement or your rights or interests
with respect to these matters, please contact Lesley Portnoy,
Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles
California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by
email to shareholders@glancylaw.com, or visit our website at
http://glancylaw.com. If you inquire by email please include your
mailing address, telephone number and number of shares
purchased.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20160601006587/en/
Glancy Prongay and Murray LLP, Los AngelesLesley Portnoy,
310-201-9150 or
888-773-9224https://www.glancylaw.comshareholders@glancylaw.com
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