Rosen Law Firm Reminds Investors of Important Deadline in the Class Action Against Lone Pine Resources, Inc. --- LPR
NEW YORK, July 27, 2012 (GLOBE NEWSWIRE) -- The Rosen Law Firm, P.A. reminds investors of the important September 4, 2012 lead plaintiff deadline in the class action the firm filed against Lone Pine Resources, Inc. (NYSE:LPR) alleging that Lone Pine made false statements of material facts in its prospectus issued in connection with the Company's May 26, 2011 initial public offering.
To join the Lone Pine class action, visit the firm's website at http://rosenlegal.com, or call Phillip Kim, Esq., toll-free, at 866-767-3653; you may also email pkim@rosenlegal.com for information on the class action. The action filed by the Rosen Law Firm is pending in the U.S. District Court for the Southern District of New York.
The Complaint alleges that Defendants failed to disclose in its IPO documents that the Company was facing significantly increased costs and disruption in production volumes attributed to a major oil sales pipeline rupture in late April 2011 and a large forest fire in the same area in Mid-May. When the market learned of this adverse information, the price of Lone Pine dropped, damaging investors.
If you purchased Lone Pine stock any time after May 26, 2011, you may join the class action to recover your investment losses. To join the class action, please visit the website at http://rosenlegal.com. You may also contact Phillip Kim, Esq. or Jonathan Horne, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or jhorne@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
Prior results do not guarantee a similar outcome.
CONTACT: Phillip Kim, Esq.
Jonathan Horne, Esq.
The Rosen Law Firm P.A.
275 Madison Avenue 34th Floor
New York, New York 10016
Tel: (212) 686-1060
Weekends Tel: (917) 797-4425
Toll Free: 1-866-767-3653
Fax: (212) 202-3827
pkim@rosenlegal.com
jhorne@rosenlegal.com
www.rosenlegal.com
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