Khang & Khang LLP announces that it is investigating claims of potential misrepresentations by New Source Energy Partners L.P. 11% Series A Cumulative Convertible Preferred Units (“New Source” or the “Company”) (NYSE: NSLP). The investigation focuses on whether the Company and its officers violated securities laws by issuing misleading information to investors.
If you purchased shares of New Source during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: 949-419-3834, or by e-mail at firstname.lastname@example.org.
There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.
The investigation will focus on whether the prospectus issued in connection with the initial public offering of the Units failed to disclose New Source’s on-going cash flow issues. When the truth of the company’s cash flow problems was revealed to the investing public, the price of New Source 11% Series A Cumulative Convertible Preferred Units declined.
If you wish to learn more about this lawsuit, or if you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: 949-419-3834, or by e-mail at email@example.com.
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Joon M. Khang, Esq.