New York, June 12, 2024 (GLOBE NEWSWIRE) —
Why: Rosen Law Firm, a global investor rights law firm, announces an investigation into potential securities claims on behalf of shareholders of FutureFuel Corp. (NYSE: FF) resulting from allegations that FutureFuel may have issued materially misleading trading information to the investing public.
so what: If you purchase securities from FutureFuel, you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement. Rosen Law Firm is preparing a class action lawsuit seeking to recover investors' losses.
What to do next: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=25714 or contact Phillip Kim, Esq. Toll free is 866-767-3653 or email case@rosenlegal.com for information about the class action.
what the subject is about: On May 10, 2024, after market hours, and in a filing with the Securities and Exchange Commission, the Company disclosed that management and the audit committee (Audit Committee) of the Company's Board of Directors, after consultation with RSM, determined on May 8, 2024, that certain of its previously issued financial statements , specifically previously issued statements of cash flows: (1) for the year ended December 31, 2023, included on the original Form 10-K; (2) for the nine months ended September 30, 2023, included in our 2023 Third Quarter Form 10-Q; and (3) for the six-month period ended June 30, 2023, included in the Q2.2023 Form 10-Q, which contains errors, should no longer be relied upon and should be corrected by restating the affected cash flow statements by filing adjustments.
On this news, FutureFuel stock fell $0.47 per share, or 8.54%, to close at $5.03 per share on May 13, 2024.
Why Rosen's Law: We encourage investors to select qualified advisors with a proven track record of success in leadership roles. Often, companies issuing notices do not have similar experience, resources, or any meaningful recognition from their peers. Many of these companies do not actually file securities class actions. Be wise in choosing advisors. The Rosen Law Firm represents investors throughout the world, focusing its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever settlement of a securities class action lawsuit against a Chinese company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top four every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the company raised more than $438 million for investors. In 2020, co-founder Lawrence Rosen was named by Law360 as a Titan in the Plaintiffs Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
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contact information:
Lawrence Rosen, Esq.
Philip Kim, Esq.
Rosen Law Firm, PA
275 Madison Avenue, 40th floor
New York, NY 10016
Phone: (212) 686-1060
Toll free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com