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Law Offices of Howard G. Smith Announces Investigation On Behalf of Shareholders of Rentech, Inc.

^{Published on 2009-12-28 15:05:18 - Market Wire}
 

BENSALEM, Pa.--([ BUSINESS WIRE ])--Law Offices of Howard G. Smith announces that it is investigating potential claims against Rentech, Inc. ("Rentech" or the "Company") (AMEX:RTK) concerning possible securities violations related to public statements made by the Company between May 9, 2008 and December 14, 2009. The investigation focuses on allegations that statements made by the Company during that period regarding Rentech's financial performance and prospects were false and/or misleading. On December 14, 2009, Rentech announced that it would restate its previously reported annual and quarterly results for fiscal year 2008 and for the first three quarters of fiscal year 2009, to correct "a prior incorrect classification of cash deposits required by forward gas purchase contracts as inventory, and reclassifies them as deposits on gas purchase contracts within current assets on the balance sheet."

"a prior incorrect classification of cash deposits required by forward gas purchase contracts as inventory, and reclassifies them as deposits on gas purchase contracts within current assets on the balance sheet."

If you purchased Rentech stock between May 9, 2008 and December 14, 2009, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to [ howardsmith@howardsmithlaw.com ], or visit our website at [ www.howardsmithlaw.com ].