Patriot Coal Corporation PCXCQ Securities Lawsuit

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Company: Patriot Coal Corporation
Ticker Symbol: PCXCQ
Class Period: Oct-21-10 to Jul-6-12
Date Filed: Oct-2-12
Lead Plaintiff Deadline: Dec-1-12
Court: ---
New York, NY: A securities class action lawsuit has been filed on behalf of investors who purchased the common stock of Patriot Coal Corporation ("Patriot") during the period from October 21, 2010 to July 6, 2012 and is seeking to recover investors' damages from violations of federal securities laws. No class action has yet been certified in this action.

The securities class action alleges that defendants issued materially false financial statements for Patriot by capitalizing the costs of an expensive environmental remediation program, rather than expensing the costs as incurred. As a result, Patriot reported materially greater net income than actually earned under generally accepted accounting principles.

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.

Patriot Coal Corporation PCXCQ Securities Fraud Legal Help

If you have suffered from financial losses, you may qualify for damages or remedies that may be awarded in a possible Patriot Coal Corporation securities class action lawsuit. Please fill in our form on the right to submit your complaint for a free evaluation.

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