Press ReleaseSource: The Rosen Law Firm PA PC

Investor Notice: The Rosen Law Firm Reminds Investors of Quest Energy Partners LP of the November 4, 2008 Lead Plaintiff Deadline -- QELP
Friday October 3, 2008 6:29 pm ET

NEW YORK, Oct. 3, 2008 (GLOBE NEWSWIRE) -- The Rosen Law Firm reminds investors of the November 4, 2008 lead plaintiff deadline in the class action lawsuit on behalf of all purchasers of Quest Energy Partners LP (``Quest Energy'') (NasdaqGM:QELP - News) common units from the date of the Company's initial public offering on or about November 7, 2007 (the ``IPO'') through August 25, 2008 (the ``Class Period''). The Rosen Law Firm is the law firm that filed the first class action against Quest Energy.

To join the Quest Energy class action, go to the website at http://rosenlegal.com or call Laurence Rosen, Esq. or Phillip Kim, Esq. toll-free at 866-767-3653 or email lrosen@rosenlegal.com or pkim@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER. YOU MAY ALSO RETAIN COUNSEL OF YOUR CHOICE.

The complaint charges Quest Energy and certain former and present officers, and controlling entities, including Quest Resource Corporation (``Quest Resource'') (NasdaqGM:QRCP - News), with violations of Sections 11 and/or 15 of the Securities Act of 1933 based on Quest Energy's issuance of a materially inaccurate Registration Statement and Prospectus (the ``Registration Statement'') in connection with Quest Energy's IPO.

According to the Complaint, on November 7, 2007 Quest Energy commenced its IPO raising over $150 million from investors. The Complaint asserts that Quest Energy's Registration Statement was materially inaccurate because Quest Energy failed to properly disclose related party transactions between its former CEO and an entity controlled by him. The Complaint also asserts claims against Quest Resource as it was the controlling entity of Quest Energy and is liable under Section 15 of the Securities Act.

A class action lawsuit has already been filed on behalf of Quest Energy shareholders. If you wish to serve as lead plaintiff, you must move the Court no later than November 4, 2008. If you wish to join the litigation or to discuss your rights or interests regarding this class action, please contact plaintiff's counsel, Laurence Rosen, Esq. or Phillip Kim, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at lrosen@rosenlegal.com or pkim@rosenlegal.com.

The Rosen Law Firm represents investors throughout the world in securities class actions and shareholder derivative litigation.

Attorney Advertising. Past results do not guarantee a similar outcome.

More information on this and other class actions can be found on the Class Action Newsline at http://www.globenewswire.com/ca


Contact:
          The Rosen Law Firm P.A. 
          Laurence Rosen, Esq.
            lrosen@rosenlegal.com
          Phillip Kim, Esq.
            pkim@rosenlegal.com
          (212) 686-1060
          Weekends Tel: (917) 797-4425
          1-866--767-3653
          Fax: (212) 202-3827
          www.rosenlegal.com
          350 5th Avenue, Suite 5508
          New York, New York 10118

Source: The Rosen Law Firm PA PC


Mail to Friend Email Story
Alerts Set News Alert
Printer
Version  Print Story 


Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
Copyright © 2009 GlobeNewswire. All rights reserved. Redistribution of this content is expressly prohibited without prior written consent. GlobeNewswire makes no claims concerning the accuracy or validity of the information, and shall not be held liable for any errors, delays, omissions or use thereof.