NEW YORK, July 7, 2015 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Horsehead Holding Corp. ("Horsehead" or the "Company") (NASDAQ: ZINC). Such investors are advised to contact Robert S. Willoughby at firstname.lastname@example.org or 888-476-6529, ext. 9980.
The investigation concerns whether Horsehead and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On July 2, 2015, post-market, Horsehead issued an update on operations at its Mooresboro, North Carolina zinc production facility, attributing the facility's reduced zinc output to bottleneck issues in its system for removing impurities and to "intermittent equipment reliability issues." On this news, Horsehead shares fell 1.91, nearly 16.7%, to close at 9.54 on July 6, 2015.
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Florida, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.
SOURCE Pomerantz LLP