NEW YORK, Dec. 28, 2014 (GLOBE NEWSWIRE) -- Rosen Law Firm reminds purchasers of Rayonier, Inc. common stock (NYSE:RYN) between April 30, 2014 and November 10, 2014 of the important January 12, 2015 lead plaintiff deadline in the class action filed by the firm.
To join the Rayonier class action, go to the website at http://www.rosenlegal.com/cases-433.html or call Phillip Kim, Esq. or Laurence Rosen, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or lrosen@rosenlegal.com for information on the class action.
According to the lawsuit, Rayonier issued materially false and misleading financial information to investors. On November 10, 2014, Rayonier restated its interim consolidated financial statements for the quarters ended March 31, 2014 and June 30, 2014 following an internal review of its operations. The restatement is attributable to the understatement of the depletion in the cost of goods sold. As part of its internal review, Rayonier also determined that its internal controls were not effective as of the end of 2013. On this news, shares of Rayonier fell sharply, damaging investors.
If you wish to join the litigation and recover your losses go to http://www.rosenlegal.com/cases-433.html or to discuss your rights or interests regarding this class action, please contact, Phillip Kim, Esq. or Laurence Rosen of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.