FORT LAUDERDALE, Fla., Nov. 9, 2016 /PRNewswire/ -- Attorney Advertising -- the law firm of Salpeter Gitkin, LLP is reminding shareholders of Ferrellgas Partners, L.P. (NYSE: FGP) ("Ferrellgas" or the "Company") that there is a December 5, 2016 deadline to petition the Court to be lead plaintiff in a shareholder class action that is currently pending in the United States District Court, Southern District of New York (Case No. 1:16-cv-07840-RJS). The case was filed on behalf of purchasers of the Company's securities between June 1, 2015 and September 28, 2016 (the "Class Period").
A lead plaintiff acts as a representative of the class members in directing the litigation. In order to qualify as a lead plaintiff, the Court must make a finding that the class member will adequately represent the interests of the other members of the class. If you are a Ferrellgas shareholder and would like more information on this claim, please feel free to contact Salpeter Gitkin, LLP (Attn: James Gitkin) at 800-675-4128 or firstname.lastname@example.org or shareholders can complete the contact page at http://www.salpetergitkin.com/Contact.shtml.
Ferrellgas is engaged in the retail distribution of propane and related equipment sales, and midstream operation – crude oil sales. It is alleged in the lawsuit that Ferrellgas, and principals of the Company, made materially false and/or misleading statements and failed to disclose material adverse facts of the Company's business, operation and prospects which lead to a precipitous decline in the market value of its securities.
Salpeter Gitkin, LLP is a civil litigation and transactional law firm handling cases throughout the United States. Its principal areas of practice include shareholder and consumer class actions, serious personal injury, complex commercial ligation, and real estate litigation and transactions. The firm is currently investigating and litigating various shareholder claims against major corporations. More information on the firm and its lawyers can be found at www.salpetergitkin.com.
Salpeter Gitkin, LLP
Attn: James P. Gitkin, Esq.
1 E. Broward Boulevard
Fort Lauderdale, FL 33301
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SOURCE Salpeter Gitkin, LLP