NEW YORK, NY / ACCESSWIRE / May 30, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the links provided.
Dynagas LNG Partners LP (NYSE: DLNG)
Class Period: February 16, 2018 - March 21, 2019
Lead Plaintiff Deadline : July 16, 2019
Join the action: https://www.zlk.com/pslra-1/dynagas-lng-partners-lp-loss-form?prid=1740&wire=1
The lawsuit alleges: Dynagas LNG Partners LP made materially false and/or misleading statements and/or failed to disclose that: the terms of the Company's long-term contracts on its liquid natural gas ships, Arctic Aurora and Ob River, were unfavorable and resulted in the Company's inability to sustain its quarterly distributions. As a result of the Defendants' false and misleading statements and omissions, Dynagas securities traded at artificially inflated prices during the Class Period. Such inflation was removed when it was revealed that the Arctic Aurora and the Ob River were commencing employment under new extended charter contracts which were at lower rates compared to the previous charter contracts, thereby undermining the Company's ability to make future distributions.
To learn more about the Dynagas LNG Partners LP class action contact jlevi@levikorsinsky.com.
CBL & Associates Properties, Inc (NYSE: CBL)
Class Period: November 8, 2017 - March 26, 2019
Lead Plaintiff Deadline : July 17, 2019
Join the action: https://www.zlk.com/pslra-1/cbl-associates-properties-inc-loss-form?prid=1740&wire=1
The lawsuit alleges that, during the class period, CBL & Associates Properties, Inc made materially false and/or misleading statements and/or failed to disclose that: the Company was the target of a class action suit that could result in tens of millions or even hundreds of millions of dollars in liability. The Complaint further alleges that Defendants completely ignored their disclosure obligation, motivated by a desire to avoid bad publicity surrounding their dishonest nature and their dishonest conduct. When the truth was revealed, CBL shares materially declined in price, injuring the class.
To learn more about the CBL & Associates Properties, Inc class action contact jlevi@levikorsinsky.com.
Hecla Mining Company (NYSE: HL)
Class Period: March 19, 2018 - May 8, 2019
Lead Plaintiff Deadline : July 23, 2019
Join the action: https://www.zlk.com/pslra-1/hecla-mining-company-loss-form?prid=1740&wire=1
The lawsuit alleges: Hecla Mining Company made materially false and/or misleading statements and/or failed to disclose that: (a) the Nevada operations were hemorrhaging cash due to a multitude of material problems identified by Defendants during Hecla's extensive due diligence of the Nevada mines before the Class Period, and (b) as a result of these material problems, Defendants had no reasonable basis for their representations that the Nevada operations would be in a position to have positive or self-funding cash flow.
To learn more about the Hecla Mining Company class action contact jlevi@levikorsinsky.com.
You have until the lead plaintiff deadlines to request the court appoint 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, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
SOURCE: Levi & Korsinsky, LLP
View source version on accesswire.com:
https://www.accesswire.com/547182/CLASS-ACTION-UPDATE-for-DLNG-CBL-and-HL-Levi-Korsinsky-LLP-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders
