NEW YORK--(BUSINESS WIRE)--
The law firm of Kirby McInerney LLP announced today that it is investigating Ferrellgas Partners, L.P. (“Ferrellgas” or the “Company”) (NYSE:FGP) concerning possible violations of federal securities laws by the Company and/or certain of its officers and directors.
On September 28, 2016, Ferrellgas announced a net loss of $665.4 million for fiscal year 2016. It had a net profit of $29.6 million for fiscal year 2015. In addition, the Company announced that Stephen L. Wambold stepped down from his roles as President and Chief Executive Officer and as a member of the Board. As a result of this news, the Company’s stock price fell $3.50 per common unit to close at $13.00 on September 28, 2016.
If you purchased or otherwise acquired shares of Ferrellgas and would like more information pertaining to the investigation, you may contact Thomas W. Elrod of Kirby McInerney LLP at 212-371-6600 or by email at [email protected] to discuss your rights without any cost to you. For more information about Kirby McInerney LLP, you can also visit our website at kmllp.com.
Kirby McInerney LLP is a New York-based plaintiffs' law firm concentrating in securities, whistleblower, antitrust and consumer litigation. The firm has specialized in complex litigation, including securities class actions, for several decades. Kirby McInerney LLP has repeatedly demonstrated its expertise in this field, and has been recognized by various courts that have appointed the firm to major positions in consolidated and multi-district litigation. The firm's efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars, and the firm's achievements and quality of service have been chronicled in numerous published decisions. Additional information about the firm can be found at Kirby McInerney LLP’s website: http://www.kmllp.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160930005989/en/
