Glancy Prongay & Murray LLP Commences Investigation on Behalf of Ferrellgas Partners LP Investors
October 04 2016 - 1:14PM
Business Wire
Glancy Prongay & Murray LLP (“GPM”) announces an
investigation on behalf of Ferrellgas Partners LP (“Ferrellgas” or
the “Company”) (NYSE: FGP) investors concerning the Company and its
officers’ possible violations of federal securities laws.
Ferrellgas distributes and sells propane and related equipment
and supplies primarily in the United States.
On September 28, 2016, Ferrellgas reported its results for the
2016 fourth quarter and full year. The Company disclosed a net loss
of $665.4 million for the 2016 fiscal year, compared to net
earnings of $29.6 million for the 2015 fiscal year. On the same
day, the Company’s CEO, Stephen L. Wambold, resigned.
On this news, shares of Ferrellgas fell over 21% to close at
$13.00 per share on September 28, 2016, thereby injuring
investors.
If you purchased Ferrellgas securities, have information or
would like to learn more about these claims, or have any questions
concerning this announcement or your rights or interests with
respect to these matters, please contact Casey Sadler, Esquire, of
GPM, 1925 Century Park East, Suite 2100, Los Angeles, California
90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to
shareholders@glancylaw.com, or visit our website at
http://www.glancylaw.com. If you inquire by email please include
your mailing address, telephone number and number of shares
purchased.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20161004006465/en/
Glancy Prongay & Murray LLP, Los Angeles/New YorkCasey
Sadler, 310-201-9150 or
888-773-9224shareholders@glancylaw.comwww.glancylaw.com
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