Glancy Prongay & Murray LLP (“GPM”) announces that a class action lawsuit has been filed on behalf of investors who purchased Horsehead Holdings Corp. (“Horsehead” or the “Company”) (NASDAQ: ZINC) securities between May 21, 2014 and February 2, 2016, inclusive (the “Class Period”). Horsehead investors have until June 21, 2016 to file a lead plaintiff motion.
Investors suffering losses on their Horsehead investments are encouraged to contact Lesley Portnoy of GPM to discuss their legal rights in this class action at 310-201-9150 or by email to firstname.lastname@example.org.
The Complaint alleges that throughout the Class Period, defendants misled investors, and/or failed to disclose that: defendants provided operational updates that misstated the extent and seriousness of the Mooresboro Facility's problems, provided zinc production figures detached from the widespread and unsolved defects throughout the production process, and failed to disclose cash and revenue shortfalls that threatened the Company's ability to pay its creditors and complete the facility's ramp-up.
If you purchased shares of Horsehead during the Class Period you may move the Court no later than June 21, 2016 to ask the Court to appoint you as lead plaintiff if you meet certain legal requirements. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, 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 email@example.com, or visit our website at http://glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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