NEW YORK, Oct. 4, 2016 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Ferrellgas Partners LP ("Ferrellgas Partners" or the "Company") (NYSE: FGP).
The investigation focuses on whether the Company and its executives violated federal securities laws. Specifically, on September 28, 2016, the Company announced dismal financial results for the fiscal year ended July 31, 2016. The Company reported a net loss of $665.4 million compared to net earnings of $29.6 million in fiscal year 2015. In addition, Ferrellgas Partners announced that Stephen L. Wambold, the Company's President and Chief Executive Officer, had resigned effective immediately. As a result of these disclosures, the Company's stock has declined significantly.
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If you invested in Ferrellgas Partners stock or options and would like to discuss your legal rights, visit www.faruqilaw.com/FGP. You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to firstname.lastname@example.org. Faruqi & Faruqi, LLP also encourages anyone with information regarding Ferrellgas Partners' conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
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FARUQI & FARUQI, LLP
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Attn: Richard Gonnello, Esq.
Telephone: (877) 247-4292 or (212) 983-9330
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