NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Rentech, Inc. (NASDAQ:RTK) resulting from allegations that Rentech may have issued materially misleading business information to the investing public.
On February 21, 2017, Rentech announced that it would idle its Wawa facility due to equipment and operational issues that would require additional unbudgeted capital investments. Rentech also cited “continued uncertainty” concerning the profitability of pellets produced at the facility and advised investors that it was exploring strategic alternatives for both the Wawa facility and Rentech as a whole. On this news, shares of Rentech fell sharply during intraday trading on February 21, 2017.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Rentech investors. If you purchased shares of Rentech on or before February 21, 2017, please visit the firm’s website at http://www.rosenlegal.com/cases-1057.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at firstname.lastname@example.org or email@example.com.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
The Rosen Law Firm, P.A.
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New York, NY 10016
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