BENSALEM, Pa.–(BUSINESS WIRE)–Law Offices of Howard G. Smith announces an investigation on behalf of investors of Foresight Energy, LP (“Foresight Energy” or the “Company”) (NYSE: FELP) concerning the Company’s and its officers’ possible violations of federal securities laws. The investigation focuses on the Company’s allegedly misleading statements leading up to the October 29, 2015, Foresight Energy disclosure that its Senior Vice President and Chief Financial Officer, Oscar Martinez, would be stepping down on November 13, 2015. The Company also reported less-than-expected Q3 2015 financial results, failing to meet revenue estimates by nearly $20 million. Upon this news, Foresight Energy shares dropped 25% to a close of $5.16 per share.
