NEW YORK, Aug. 17, 2015 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired shares of Solazyme, Inc. ("Solazyme") (NASDAQ:SZYM) between February 27, 2014 and November 5, 2014.
You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Northern District of California. If you purchased or otherwise acquired Solazyme shares between February 27, 2014 and November 5, 2014, your rights may be affected by this action. To get more information go to:
http://zlk.9nl.com/solazyme-szym
or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
The complaint alleges that the Company made materially false and/or misleading statements and omitted material information concerning the production capacity of its oil producing facility in Moema, Brazil. In particular, it is alleged that Solazyme improperly concealed ongoing construction delays caused by inadequate access to electricity and steam utility services.
If you suffered a loss in Solazyme you have until August 24, 2015 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
