LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Ferrellgas Partners LP (“Ferrellgas” or the “Company”) (NYSE: FGP) investors concerning the Company and its officers’ possible violations of federal securities laws.
Ferrellgas distributes and sells propane and related equipment and supplies primarily in the United States.
On September 28, 2016, Ferrellgas reported its results for the 2016 fourth quarter and full year. The Company disclosed a net loss of $665.4 million for the 2016 fiscal year, compared to net earnings of $29.6 million for the 2015 fiscal year. On the same day, the Company’s CEO, Stephen L. Wambold, resigned.
On this news, shares of Ferrellgas fell over 21% to close at $13.00 per share on September 28, 2016, thereby injuring investors.
If you purchased Ferrellgas securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Casey Sadler, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to firstname.lastname@example.org, or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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