NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky announces it has commenced an investigation of Rentech, Inc. (NASDAQ:RTK). On February 21, 2017, Rentech announced that the Company would idle its Wawa facility due to equipment and operational issues that would require additional unbudgeted capital investments. Rentech also cited “continued uncertainty” about the profitability of pellets produced at the facility and advised investors that it was exploring strategic alternatives for both the Wawa facility and the Company as a whole. Following this news, shares of Rentech fell 47% on intraday trading. To obtain additional information, go to:
or contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation involving financial fraud, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.