PR Newswire
NEW YORK, Dec. 3, 2015
NEW YORK, Dec. 3, 2015 /PRNewswire/ -- Levi & Korsinsky, LLP announces that it has commenced an investigation of Foresight Energy, LP ("Foresight Energy" or the "Company") (NYSE: FELP) concerning possible violations of federal securities laws by the Company and/or certain of its officers and directors.
On October 29, 2015, Foresight Energy announced that its Senior Vice President and Chief Financial Officer, Oscar Martinez, will resign on November 13, 2015. The Company also announced weaker-than-expected Q3 2015 financial results, falling short of revenue estimates by nearly $20 million. Following this news, Foresight Energy shares fell 25% to a close of $5.16 per share. To obtain additional information about the investigation, go to: http://zlk.9nl.com/foresight-energy-felp or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/investor-alert-levi--korsinsky-llp-announces-the-commencement-of-an-investigation-involving-possible-securities-fraud-violations-by-foresight-energy-lp-and-certain-officers-and-directors----felp-300187694.html
SOURCE Levi & Korsinsky, LLP
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