INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Investors of Horsehead Holding Corp. of Class Action Lawsuit and a Lead Plainti...
11 Maio 2016 - 9:00AM
The following statement is being issued by Levi & Korsinsky,
LLP:
To: All persons or entities who
purchased or otherwise acquired securities of
Horsehead Holding Corp. (“Horsehead”)
(NASDAQ:ZINC) between May 21, 2014 and February 2,
2016.
You are hereby notified that a
securities class action lawsuit has been commenced in the USDC for
the District of Delaware. If you purchased or otherwise acquired
Horsehead securities between May 21, 2014 and February 2, 2016,
your rights may be affected by this action. To get more information
go to:
http://www.zlk.com/pslra/horsehead-holding.
On February 2, 2016, Horsehead filed for
protection under the bankruptcy laws and, therefore, is not named
as a defendant in this action. The complaint alleges that certain
officers and directors violated the Securities Exchange Act of 1934
by issuing materially false and misleading statements and/or
failing to disclose adverse information concerning the Company’s
Mooresboro Facility, including: (a) that construction defects at
the facility left it unable to operate as planned; (b) that the
Company had not rectified the facility’s problems; (c) that as a
result of the aforementioned, production disruptions and related
costs were likely and anticipated; and (d) that the Company
employed expensive temporary workarounds that were causing the
Company to spend cash at an unsustainable rate.
If you suffered a loss in Horsehead you
have until June 21, 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. To obtain
additional information, contact Joseph E. Levi, Esq. either via
email at jlevi@zlk.com or by telephone at (212) 363-7500,
toll-free: (877) 363-5972, or visit
http://www.zlk.com/pslra/horsehead-holding.
Levi & Korsinsky is a national firm with
offices in New York, New Jersey, California, Connecticut, and
Washington D.C. The firm’s attorneys have extensive expertise and
experience representing investors in securities litigation
involving financial fraud, and have recovered hundreds of millions
of dollars for aggrieved shareholders. Attorney advertising. Prior
results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
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