LOS ANGELES--(BUSINESS WIRE)--Goldberg Law PC (www.Goldberglawpc.com) announces that a class action lawsuit has been filed on behalf of purchasers of New Source Energy Partners L.P. 11% Series A Cumulative Convertible Preferred Units (“New Source” or the “Company”) (Other OTC:NSLP), for alleged violations of the federal securities laws. Shareholders have until January 25, 2016, to file a motion for lead plaintiff.
A class action lawsuit has already been filed. If you are a shareholder who suffered a loss during the Class Period, we advise you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 13650 Marina Pointe Dr. Suite 1404, Marina Del Rey, CA 90292, at 800-977-7401, to discuss your rights without cost to you. You can also reach us through the firm’s website at http://www.Goldberglawpc.com, or by email at email@example.com.
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the complaint, the prospectus issued in connection with the initial public offering of the Units failed to disclose New Source’s on-going cash flow issues. When the truth of the company’s cash flow problems was revealed to the investing public, the price of New Source 11% Series A Cumulative Convertible Preferred Units declined.
If you have any questions concerning your legal rights in this case, please immediately contact Goldberg Law PC at 800-977-7401, or visit our website at http://www.Goldberglawpc.com, or email us at firstname.lastname@example.org.
Goldberg Law PC represents shareholders around the world and specializes in securities class actions and shareholder rights litigation.
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