SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Foresight Energy, LP – FELP

NEW YORK, NY / ACCESSWIRE / October 29, 2015 / Pomerantz LLP is investigating claims on behalf of investors of Foresight Energy, LP (“Foresight” or the “Company”) (NYSE: FELP). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.

The investigation concerns whether Foresight and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.

On October 29, 2015, pre-market, Foresight announced that CFO Oscar Martinez would resign from the company effective November 13, 2015. Concurrently, the company announced weaker-than-expected Q3 2015 financial results, falling short of EPS estimates by $0.05 and revenue estimates by nearly $20 million.

On this news, Foresight stock has fallen as much as $1.80, or more than 26%, during intraday trading on October 29, 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

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