NEW YORK, May 3, 2016 /PRNewswire/ -- Bronstein, Gewirtz & Grossman, LLC, notifies investors of class action against Horsehead Holding Corp. ("Horsehead" or "the Company") (NASDAQ: ZINC). The class action has been filed on behalf of a class consisting of all persons or entities who purchased Horsehead securities between May 21, 2014 and February 2, 2016, both dates inclusive (the "Class Period").
This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934 (the "Exchange Act").
Horsehead is not named as a defendant in this action as the Company filed for protection under the bankruptcy laws on February 2, 2016.
The Complaint alleges that certain officers and directors have issued materially false and misleading statements and/or failed to disclose opposing information regarding Horsehead's Mooresboro Facility, including: (a) that the facility's construction deficiencies left it unable to operate as planned; (b) that Horsehead had not corrected the facility's problems; (c) that as a result of the above, production disruptions and related costs were expected; and (d) that Horsehead employed costly temporary workarounds, affecting the Company to spend cash at an unsustainable rate.
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint and join the action, visit the firm's website: http://www.bgandg.com/#!zinc/gsd9k. To discuss this action, or have any questions, please contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email email@example.com. Those who inquire by e-mail are encouraged to include their mailing address and telephone number. If you suffered a loss in Horsehead you have until June 21, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | firstname.lastname@example.org
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