NEW YORK, NY--(Marketwired - May 02, 2016) - The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired securities of Horsehead Holding Corp. ("Horsehead") (NASDAQ: ZINC) between May 21, 2014 and February 2, 2016.
You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the District of Delaware. If you purchased or otherwise acquired Horsehead securities between May 21, 2014 and February 2, 2016, your rights may be affected by this action. To get more information go to: http://www.zlk.com/pslra/horsehead-holding.
On February 2, 2016, Horsehead filed for protection under the bankruptcy laws and, therefore, is not named as a defendant in this action. The complaint alleges that certain officers and directors violated the Securities Exchange Act of 1934 by issuing materially false and misleading statements and/or failing to disclose adverse information concerning the Company's Mooresboro Facility, including: (a) that construction defects at the facility left it unable to operate as planned; (b) that the Company had not rectified the facility's problems; (c) that as a result of the aforementioned, production disruptions and related costs were likely and anticipated; and (d) that the Company employed expensive temporary workarounds that were causing the Company to spend cash at an unsustainable rate.
If you suffered a loss in Horsehead you have until June 21, 2016 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. To obtain additional information, contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://www.zlk.com/pslra/horsehead-holding.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation involving financial fraud, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171