{"id":62630,"date":"2021-11-28T06:19:29","date_gmt":"2021-11-28T06:19:29","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=83163"},"modified":"2021-11-28T06:19:29","modified_gmt":"2021-11-28T06:19:29","slug":"rosen-top-ranked-global-counsel-encourages-hoegh-lng-partners-lp-investors-to-secure-counsel-before-important-deadline-in-first-filed-securities-class-action-commenced-by-the-firm-hmlp","status":"publish","type":"post","link":"https:\/\/lebanonnewsgazette.com\/rosen-top-ranked-global-counsel-encourages-hoegh-lng-partners-lp-investors-to-secure-counsel-before-important-deadline-in-first-filed-securities-class-action-commenced-by-the-firm-hmlp\/","title":{"rendered":"ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages H\u00f6egh LNG Partners LP Investors to Secure Counsel Before Important Deadline in First Filed Securities Class Action Commenced by the Firm \u2013 HMLP"},"content":{"rendered":"
\n

NEW YORK, Nov. 27, 2021 (GLOBE NEWSWIRE) — WHY: <\/strong>Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of H\u00f6egh LNG Partners LP (NYSE: HMLP) between August 22, 2019 and July 27, 2021, inclusive (the \u201cClass Period\u201d), of the important December 27, 2021 lead plaintiff deadline <\/strong>in the securities class action first filed by the firm.<\/p>\n

SO WHAT:<\/strong> If you purchased H\u00f6egh securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.<\/p>\n

WHAT TO DO NEXT: <\/strong>To join the H\u00f6egh class action, go to http:\/\/www.rosenlegal.com\/cases-register-2140.html<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com<\/a> or cases@rosenlegal.com<\/a> for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 27, 2021<\/strong>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.<\/p>\n

WHY ROSEN LAW: <\/strong>We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs\u2019 Bar. Many of the firm\u2019s attorneys have been recognized by Lawdragon and Super Lawyers.<\/p>\n

DETAILS OF THE CASE: <\/strong>According to the lawsuit, defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose: (1) H\u00f6egh LNG Partners LP (the \u201cPartnership\u201d) was facing issues with the PGN FSRU<\/em> Lampung<\/em> charter; (2) as a result, the PGN FSRU Lampung<\/em> charterer would state that it would commence arbitration to declare the charter null and void, and\/or to terminate the charter, and\/or seek damages; (3) the Partnership would need to find alternative refinancing for its PGN FSRU Lampung<\/em> credit facility; (4) the PGN FSRU<\/em> Lampung<\/em> credit facility matured in September 2021, not October 2021 as previously stated; (5) the Partnership would be forced to accept less favorable refinancing terms with regards to the PGN FSRU<\/em> Lampung<\/em> credit facility; (6) H\u00f6egh LNG would not extend the revolving credit line to the Partnership past its maturation date; (7) H\u00f6egh LNG would reveal that it \u201cwill have very limited capacity to extend any additional advances to the Partnership beyond what is currently drawn under the facility\u201d; (8) as a result of the foregoing, the Partnership would essentially end distributions to common units holders; (9) the COVID-19 pandemic was not the sole or root cause of the Partnership\u2019s issues in Indonesia, in 2019, before the pandemic, there were already a very low amount of demand in Indonesia for the Partnership\u2019s gas; (10) the auditing, tax, nor maintenance of PGN FSRU<\/em> Lampung<\/em> were not the sole or root cause(s) of the Partnership\u2019s issues in Indonesia; and (11) as a result, defendants\u2019 statements about its business, operations, and prospects were materially false and misleading and\/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n

To join the H\u00f6egh class action, go to http:\/\/www.rosenlegal.com\/cases-register-2140.html<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com<\/a> or cases@rosenlegal.com<\/a> for information on the class action.<\/p>\n

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor\u2019s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.<\/p>\n

Follow us for updates on LinkedIn: https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>, on Twitter: https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: https:\/\/www.facebook.com\/rosenlawfirm\/<\/a>.<\/p>\n

Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n

——————————–<\/p>\n

Contact Information:<\/p>\n

Laurence Rosen, Esq.
\nPhillip Kim, Esq.
\nThe Rosen Law Firm, P.A.
\n275 Madison Avenue, 40th<\/sup> Floor
\nNew York, NY 10016
\nTel: (212) 686-1060
\nToll Free: (866) 767-3653
\nFax: (212) 202-3827
\nlrosen@rosenlegal.com<\/a>
\npkim@rosenlegal.com<\/a>
\ncases@rosenlegal.com<\/a>
\nwww.rosenlegal.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, Nov. 27, 2021 (GLOBE NEWSWIRE) \u2014 WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of H\u00f6egh LNG Partners LP (NYSE: HMLP) between August 22, 2019 and July 27, 2021, inclusive (the \u201cClass Period\u201d), of the important December 27, 2021 lead plaintiff deadline in the securities class [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17,53,343],"tags":[],"yoast_head":"\nROSEN, TOP RANKED GLOBAL COUNSEL, Encourages H\u00f6egh LNG Partners LP Investors to Secure Counsel Before Important Deadline in First Filed Securities Class Action Commenced by the Firm \u2013 HMLP - Lebanon News Gazette<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lebanonnewsgazette.com\/rosen-top-ranked-global-counsel-encourages-hoegh-lng-partners-lp-investors-to-secure-counsel-before-important-deadline-in-first-filed-securities-class-action-commenced-by-the-firm-hmlp\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages H\u00f6egh LNG Partners LP Investors to Secure Counsel Before Important Deadline in First Filed Securities Class Action Commenced by the Firm \u2013 HMLP - 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