|Company:||Patriot Coal Corporation|
|Class Period:||Oct-21-10 to Jul-6-12|
|Lead Plaintiff Deadline:||Dec-1-12|
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.