Tuesday, August 13, 2013

Shareholder Lawsuits Coming To Kior



After the miss on revenues the lawsuits against KIOR will start. A law firm that specializes in shareholders rights has announced they will be going after KIOR and its officers and directors.    The stock hit an all time low today of $2.72.   Can Condi get the rich and famous to help pull KIOR out of the tailspin?  Can Vinod Khosla continue to fund the alchemic company?  Will the folks in Alberta really chase Jugdeep all the way to Medicine Hat?   These are questions yet to be answered.  What is certain is they could not yield 72 gallons of liquid transportation fuel from a bone dry ton of yellow pine.


http://finance.yahoo.com/news/shareholder-alert-law-firm-wohl-192500760.html


Another law firm is going after them.  Condi was seen at the Rite Aid Pharmacy in Palo Alto stocking up on Immodium and Depends.

yet another law firm going after KIOR

Glancy Binkow & Goldberg LLP Announces Investigation of KiOR, Inc.

RELATED QUOTES

Symbol Price Change
KIOR 2.64 +0.02
LOS ANGELES--(BUSINESS WIRE)--
Glancy Binkow & Goldberg LLP announces that it is investigating potential claims on behalf of investors of KiOR, Inc. (“KiOR” of the “Company”) (KIOR) concerning possible violations of federal securities laws. The investigation focuses on certain statements issued by KiOR concerning the Company’s financial prospects.
Please contact us at (212) 682-5340 begin_of_the_skype_highlighting (212) 682-5340 FREE  end_of_the_skype_highlighting, Toll-Free at (888) 773-9224 begin_of_the_skype_highlighting (888) 773-9224 FREE  end_of_the_skype_highlighting, or at shareholders@glancylaw.com to discuss this matter. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
KiOR is a renewable fuels company that utilizes a proprietary biomass-conversion fuel technology platform for the production and sale of cellulosic gasoline and diesel. On May 9, 2013, KiOR’s chief executive officer, Fred Cannon, projected the Company’s Columbus, Mississippi facility would produce between 300,000 and 500,000 gallons of fuel during the second quarter of 2013, in line with the Company’s estimate it would produce between 3 million and 5 million gallons of fuel in 2013.
KiOR subsequently announced, on August 8, 2013, that the Company had shipped only 75,000 gallons of fuel from the Columbus facility during the second quarter. In addition, the Company reported revenue for the quarter of only $240,000 -- approximately 12% of the $1.93 million average of five analysts’ estimates compiled by Bloomberg. Following this news, KiOR shares dropped -- from $4.76 per share on August 7, 2013 to $2.62 on August 15, 2013.
If you purchased KiOR shares, if you have information or would like to learn more about these claims or if you purchased KiOR shares before May 9, 2013, and have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Michael Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, Toll-Free at (888) 773-9224 begin_of_the_skype_highlighting (888) 773-9224 FREE  end_of_the_skype_highlighting, or contact Gregory Linkh, Esquire, of Glancy Binkow & Goldberg LLP at 122 E. 42nd Street, Suite 2920, New York, New York 10168, at (212) 682-5340 begin_of_the_skype_highlighting (212) 682-5340 FREE  end_of_the_skype_highlighting, by e-mail to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. If you inquire by email, please include your mailing address, telephone number and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact:
Glancy Binkow & Goldberg LLP, Los Angeles, CA
Michael Goldberg
888-773-9224 begin_of_the_skype_highlighting 888-773-9224 FREE  end_of_the_skype_highlighting
or
Glancy Binkow & Goldberg LLP, New York, NY
Gregory Linkh
212-682-5340 begin_of_the_skype_highlighting 212-682-5340 FREE  end_of_the_skype_highlighting
shareholders@glancylaw.com
www.glancylaw.com
 

SHAREHOLDER ALERT: The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Violations of Federal Securities Laws by KiOR, Inc.

 

http://finance.yahoo.com/news/shareholder-alert-law-firm-levi-173400710.html

  Add another law firm


The Rosen Law Firm Announces Investigation of Securities Claims Against KiOR, Inc. – KIOR


RELATED QUOTES

Symbol Price Change
KIOR 2.69 -0.05

NEW YORK--(BUSINESS WIRE)--
The Rosen Law Firm, P.A. announces that it is investigating potential securities claims against KiOR, Inc. (KIOR) resulting from allegations that the Company may have issued materially inaccurate statements about the Company’s financial condition and prospects.
On May 9, 2013, KiOR held an earnings call where the Company’s CEO Fred Cannon forecasted that total fuel production for its Columbus facility would be between 300,000 and 500,000 gallons during the second quarter of 2013, which is in line with the Company’s estimate of producing between 3 to 5 million gallons of fuel for 2013. On August 8, 2013, KiOR disclosed that it had only shipped 75,000 gallons of fuel from this facility during the second quarter. As a result, KiOR announced revenue of only $240,000 for the quarter, approximately 12% of the $1.93 million average of five analysts’ estimates compiled by Bloomberg. On this news, KiOR shares fell from a closing of $4.76 per share on August 7, 2013 to $2.89 on August 13, 2013.

and another

KIOR INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates KiOR, Inc. Following Disclosure that Biofuel Shipments Missed Forecast

RELATED QUOTES

Symbol Price Change
KIOR 2.70 +0.08
NEW ORLEANS--(BUSINESS WIRE)--
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq. a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”) announces that KSF has commenced an investigation into KiOR, Inc. (KIOR).
During KiOR’s first quarter 2013 earnings call on May 9, 2013, the Company’s CEO, Fred Cannon, projected that total fuel production during the second quarter of 2013 at the Company’s Columbus, Mississippi facility would range between 300,000 and 500,000 gallons of fuel, which would keep KiOR on track to produce 3 to 5 million gallons of fuel in 2013.
Then, on August 8, 2013, KiOR disclosed that it had only shipped 75,000 gallons of fuel from the Columbia facility during the second quarter. As a result, KiOR announced revenue of only $240,000 for the quarter, approximately 12% of the $1.93 million average of five analysts’ estimates compiled by Bloomberg.
On this news, KiOR shares have fallen drastically—from $4.76 per share on August 7, 2013 to $2.62 on August 15, 2013.
KSF’s investigation is focusing on whether KiOR and/or its officers and directors violated state or federal securities laws.
If you have information that would assist KSF in its investigation, or would like to discuss your legal rights, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com) or KSF Partner Melinda Nicholson (melinda.nicholson@ksfcounsel.com) toll free at 1-877-515-1850 begin_of_the_skype_highlighting 1-877-515-1850 FREE  end_of_the_skype_highlighting

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