INVESTOR ALERT: Kahn Swick & Foti, LLC and Partner, Former Louisiana Attorney General, Remind Investors With Large Financial ...
February 10 2012 - 5:48PM
Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former
Attorney General of Louisiana, Charles C. Foti, Jr., remind
investors that they have until April 9, 2012, to file lead
plaintiff applications in a securities class action lawsuit against
Ceramics, Inc. ("Carbo Ceramics") (NYSE:CRR), if they purchased the
Company's common stock during the period between October 27, 2011
and January 26, 2012, inclusive (the "Class Period").
What You May Do
If you purchased shares of Carbo Ceramics and would like to
discuss your legal rights and how this case might affect you and
your right to recover for your economic loss, you may, without
obligation or cost to you, e-mail or call KSF Managing Partner,
Lewis Kahn (lewis.kahn@ksfcounsel.com), toll free, 877-515-1850, or
via cell phone any time at 504-301-7900, or KSF Director of Client
Relations, Neil Rothstein, Esq. (neil.rothstein@ksfcounsel.com),
toll free at 877-694-9510, or via cell phone any time at
330-860-4092. If you wish to serve as a lead plaintiff in this
class action by overseeing lead counsel with the goal of obtaining
a fair and just resolution, you must request this position by
application to the Court by April 9, 2012.
About the Lawsuit
Carbo Ceramics and certain of its senior executives are charged
with issuing a series of materially false and misleading
statements, during the Class Period, in violation of federal
securities laws.
On January 26, 2012, Carbo Ceramics issued a release announcing
financial results well-below guidance previously sponsored and/or
endorsed by the Company, and revealed that it had experienced a 70%
decline in certain product sales in the Haynesville region, and had
other logistical problems. Following these reports, shares of Carbo
Ceramics declined almost $17.00 per share, on heavy trading
volume.
About Kahn Swick & Foti, LLC
To learn more about KSF, whose partners include the Former
Louisiana Attorney General, Charles C. Foti, Jr., and other lawyers
with significant experience litigating complex securities class
actions nationwide on behalf of both institutional and individual
shareholders, you may visit www.ksfcounsel.com.
CONTACT: Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner, 877-515-1850
or after hours via cell phone 504-301-7900
lewis.kahn@ksfcounsel.com
206 Covington St.
Madisonville, LA 70447
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