Federman & Sherwood Advises Investors of Pending Consolidation of Lawsuits Filed Against Quest Energy Partners, L.P., Quest Resource Corporation and Quest Energy GP, LLC and Reminds Investors of Imminent Deadline — QELP, QRCP
OKLAHOMA CITY, Oct. 31, 2008 (GLOBE NEWSWIRE) -- On September 5, 2008, Federman & Sherwood filed the first securities class action lawsuit in the United States District Court for the Western District of Oklahoma against Quest Energy Partners, L.P. (Nasdaq:QELP), Quest Resource Corporation (Nasdaq:QRCP) and Quest Energy GP, LLC. Several additional cases were filed since that date against one or more of the Quest entities. Federman & Sherwood advises that the parties have agreed to the consolidation of all pending securities lawsuits involving all Quest companies. However, there are still two (2) days remaining for individual investors who would like to be considered as a lead plaintiff in the consolidated action (Tuesday, November 4, 2008) to contact Federman & Sherwood to move the Court for appointment as a lead plaintiff in this case. The Complaints allege violations of Sections 11 and 15 of the Securities Exchange Act, as well as Section 10(b) and Rule 10b-5 promulgated thereunder, and 20(a) of the Securities Exchange Act.Filed by admin at October 31st, 2008 under News