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Carbo Ceramics Inc CRR Securities Stock Fraud


Company: Carbo Ceramics Inc
Ticker Symbol: CRR
Class Period: Oct-11-11 to Jan-26-12
Date Filed: Mar-27-12
Lead Plaintiff Deadline: May-26-12
Court: Southern District of New York
Allegations:
Atlanta, GA: A securities class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of purchasers of Carbo Ceramics Inc. ("Carbo Ceramics" or the "Company") (NYSE: CRR) common stock who purchased shares between October 27, 2011 and January 26, 2012, inclusive (the "Class Period").

The lawsuit alleges, among other things, that the Company knew but failed to timely disclose that it was experiencing a decline in proppant sales in the Haynesville region. Further, the lawsuit alleges the Company concealed information relating to logistical problems it was experiencing which, according to the complaint, negatively impacted Carbo Ceramics' ability to effectively shift its resources.

If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.

Carbo Ceramics Inc CRR Securities Fraud Legal Help

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Published on Mar-27-12


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