An investigation for investors in NYSE:STON units was announced concerning over potential securities laws violations by StoneMor Partners LP and certain of its directors and officers.
Investors who purchased shares of StoneMor Partners L.P. (NYSE:STON), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm focuses on whether certain statements by StoneMor Partners L.P. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On October 27, 2016, StoneMor Partners L.P. declared the temporary reduction in Quarterly Cash Distribution and provides a partnership update. Units of StoneMor Partners L.P. (NYSE:STON) dropped from $25.14 per unit on October 27, 2016 to as low as $8.88 per unit on Novembe r4, 2016.
Those who purchased NYSE:STON units have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com