September 30, 2016, New York: 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@example.com to discuss your rights without any cost to you.
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