SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against New Source Energy Partners L.P. (NSLP) and Lead Plaintiff Deadline January 25, 2016
NEW YORK, Jan. 14, 2016 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC reminds investors of class action against New Source Energy Partners L.P. 11% Series A Cumulative Convertible Preferred Units ("New Source Energy" or "the Company") (NYSE: NSLP-PA) and certain of its officers. The class action was filed in U.S. District Court for the Southern District of New York on behalf of a class consisting of all persons or entities who purchased shares. Such investors are advised to contact Peretz Bronstein or his investor relations analyst, Yael Hurwitz at [email protected] or 212-697-6484.
The lawsuit alleges that the documents issued in connection with the initial public offering of the Units failed to disclose New Source Energy Partners' declining financial statements, which seriously jeopardized New Source Energy Partners as a going concern. When details of the company's cash flow constraints and other financial problems were reported, New Source Energy Partners L.P. 11% Series A Cumulative Convertible Preferred Units dropped and investors suffered damages.
No Class has yet been certified in the above action. If you wish to review a copy of the Complaint, to discuss this action, or have any questions, please contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email [email protected]. Those who inquire by e-mail are encouraged to include their mailing address and telephone number. If you suffered a loss in New Source Energy you have until January 29, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]
SOURCE Bronstein, Gewirtz & Grossman, LLC
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