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NEW YORK, Jan. 22, 2016 -- Rosen Law Firm, a global investor rights firm, reminds purchasers of New Source Energy Partners L.P. 11% Series A Cumulative Convertible Preferred Units (OTC:NSLP) of the important January 25, 2016 lead plaintiff deadline in the class action. The lawsuit seeks to recover damages for all New Source Energy Partners investors under the federal securities laws.
To join the New Source Energy Partners class action, go to the website at http://www.rosenlegal.com/cases-792.html or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.
The lawsuit alleges that the prospectus issued in connection with the initial public offering of the Units failed to disclose New Source Energy Partners’ on-going cash flow problems, which seriously jeopardized New Source Energy Partners as a going concern. When the details of the company’s cash flow problems entered the market, the price of New Source Energy Partners L.P. 11% Series A Cumulative Convertible Preferred Units declined and investors suffered damages.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 25, 2016. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to the firm’s website at http://www.rosenlegal.com/cases-792.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. or Kevin Chan, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at [email protected] or [email protected].
Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. Kevin Chan, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 34th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 [email protected] [email protected] [email protected] www.rosenlegal.com
