Vertex Shareholder Action Reminder
Vertex Shareholder Action Reminder
Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Vertex To Contact Him Directly To Discuss Their Options
證券訴訟合夥人詹姆斯（Josh）威爾遜鼓勵在 Vertex 蒙受損失超過 100,000 美元的投資人直接與他聯繫，討論他們的選擇
New York, New York--(Newsfile Corp. - March 10, 2023) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Vertex Energy, Inc. ("Vertex" or the "Company") (NASDAQ: VTNR) and reminds investors of the May 2, 2023 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
紐約, 紐約州 —-(新聞檔公司-2023 年 3 月 10 日)- 法魯奇 & 法魯奇 LLP 是一家領先的國家證券律師事務所，正在調查針對 Vertex Energy, Inc.（「頂點」或「公司」）（納斯達克：VTNR）的潛在索賠，並提醒投資者注意 2023 年 5 月 2 日在已向公司提出的聯邦證券集體訴訟中尋求鉛原告的最後期限。
If you suffered losses exceeding $100,000 investing in Vertex stock or options between April 1, 2022 and August 8, 2022 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: .
如果您在 2022 年 4 月 1 日至 2022 年 8 月 8 日期間在頂點股票或期權投資損失超過 100,000 美元 並想討論您的法律權利，請致電法魯奇 & 法魯奇合作夥伴 喬希·威爾遜直接 在 877-247-4292 或者 212-983-9330 (一三十分機)。您也可以點擊這裡獲取更多信息： 。
There is no cost or obligation to you.
您沒有任何費用或義務。
Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Pennsylvania, California and Georgia.
Faruqi & Faruqi 是一家領先的少數族裔和女性擁有的國家證券律師事務所，在紐約，賓夕法尼亞州，加利福尼亞州和喬治亞州設有辦事處。
Vertex Energy is an energy company focused on the production and distribution of conventional and alternative fuels. In early 2021, Vertex Energy announced that it had reached an agreement to acquire an oil refinery located in Mobile, Alabama and a key component of the acquisition was Vertex Energy's plan to convert a portion of the refinery's 91,000 barrel-per-day output to renewable diesel fuel, which was expected to generate higher profits than the refinery's conventional gasoline and diesel fuel outputs.
頂點能源是一家專注於生產和分銷傳統和替代燃料的能源公司。Vertex Energy 於 2021 年初宣布，已達成協議收購位於阿拉巴馬州莫比爾的煉油廠，該收購的重要組成部分是 Vertex Energy 計劃將煉油廠每天 91,000 桶產量的一部分轉換為可再生柴油燃料，預計該計劃產生比煉油廠的傳統汽油和柴油輸出更高的利潤。
But as the Vertex Energy class action lawsuit alleges, unbeknownst to investors, immediately prior to the closing of the Mobile acquisition, defendants had entered into, or were a party to, a series of transactions that dramatically capped the new plant's profitability and would, in fact, lead to significant losses immediately following the acquisition. These transactions, which in some instances were required pursuant to the financing arrangements Vertex Energy had entered into, resulted in over $125 million in losses during the Class Period.
但是，隨著 Vertex Energy 集體訴訟的訴訟指稱，對投資者不知道，在移動收購結束之前，被告人已經進入或曾經是一系列交易的一方，這些交易大大限制了新工廠的盈利能力，實際上，在收購後立即導致重大損失。這些交易在某些情況下是根據 Vertex Energy 已經訂立的融資安排而被要求的，在集體期間造成了超過 1.25 億美元的損失。
On August 9, 2022, Vertex Energy disclosed a net loss of $63.8 million during the second quarter of 2022. Vertex Energy also revealed that adjusted earnings before interest, taxes, depreciation, and amortization ("EBITDA") for the Mobile refinery, even after adjusting for certain incurred losses, was only $63.6 million, compared to the guidance given just three months prior for EBITDA of $120-$130 million in the second quarter, a total shortfall of 50%. Vertex Energy also withdrew its financial guidance for the remainder of fiscal year 2022 and fiscal year 2023. On this news, the price of Vertex Energy common stock fell by approximately 44%, damaging investors. The stock price continued to fall in subsequent days as the market digested the news, reaching a low of just $7.05 per share on August 11, 2022, roughly 50% below the closing price on August 8, 2022.
2022 年 8 月 9 日，頂點能源公佈 2022 年第二季度淨虧損 6.38 億美元。Vertex Energy 還透露，移動煉油廠未計利息、稅項、折舊和攤銷前的調整後盈利（「EBITDA」），即使在調整了某些損失之後，僅為 6.360 萬美元，與第二季度前三個月的 EBITDA 為 120-1.3 億美元的指引相比，總短缺為 50％。頂點能源還撤回了其 2022 會計年度和 2023 會計年度剩餘時間的財務指引。在這個消息上，頂點能源普通股的價格下跌了約 44％，造成了投資者的損害。隨後市場消化了消息，股價在隨後幾天繼續下跌，2022 年 8 月 11 日達到每股 7.05 美元的低點，大約低於 2022 年 8 月 8 日收市價的 50％。
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
法院委任的首席原告是在該類尋求的救濟中擁有最大財務利益的投資者，他們是足夠和典型的，代表假定階層指導和監督訴訟的類成員。假定階級的任何成員都可以通過他們選擇的律師移動法院擔任主要原告人，或者可以選擇什麼都不做，並保持缺席的班員。您分享任何恢復的能力不會受到擔任主要原告的決定影響。
Faruqi & Faruqi, LLP also encourages anyone with information regarding Vertex's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
法魯奇和法魯奇，LLP 還鼓勵任何擁有 Vertex 行為信息的任何人與該公司聯繫，包括告密者，前員工，股東和其他人。
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
律師廣告。負責此廣告的律師事務所是法魯奇 & 法魯奇, LLP ().先前的結果不能保證或預測任何未來事項的類似結果。我們歡迎有機會討論您的具體情況。所有通訊將以保密方式處理。
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